Subaru Corporation (OTCMKTS:FUJHY) Sees Significant Growth in Short Interest

Subaru Corporation (OTCMKTS:FUJHY) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 398,068 shares, an increase of 243.5% from the July 15th total of 115,887 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,007,470 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Subaru

A hedge fund recently raised its position in Subaru stock. CHICAGO TRUST Co NA increased its position in shares of Subaru Corporation (OTCMKTS:FUJHY) by 10.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 69,466 shares of the company’s stock after buying an additional 6,761 shares during the period. CHICAGO TRUST Co NA’s holdings in Subaru were worth $542,000 at the end of the most recent reporting period. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on FUJHY shares. UBS Group cut shares of Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. Zacks Research upgraded shares of Subaru from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Subaru presently has a consensus rating of “Reduce”.

Subaru Trading Up 0.6%

Shares of OTCMKTS FUJHY opened at $8.07 on Friday. The stock has a market cap of $11.58 billion, a P/E ratio of 20.18, a PEG ratio of 0.33 and a beta of 0.35. Subaru has a 12-month low of $7.10 and a 12-month high of $11.70. The business’s fifty day simple moving average is $7.86 and its 200-day simple moving average is $8.28.

Subaru (OTCMKTS:FUJHY) last released its earnings results on Wednesday, August 5th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.05). Subaru had a net margin of 1.77% and a return on equity of 3.01%. The company had revenue of $7.94 billion during the quarter, compared to analysts’ expectations of $7.94 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. On average, equities analysts forecast that Subaru will post 0.71 EPS for the current fiscal year.

About Subaru

Subaru Corporation, traded over the counter as OTCMKTS:FUJHY, is a Japanese multinational automaker known for its distinctive use of the horizontally opposed “boxer” engine and standard symmetrical all-wheel-drive system across most of its vehicle lineup. Founded in 1953 as Fuji Heavy Industries, the company rebranded to Subaru Corporation in 2017 to align its corporate identity with its well‐established automotive brand. Subaru’s product portfolio includes compact and midsize sedans, sport wagons, crossovers and SUVs, with flagship models such as the Impreza, Legacy, Outback, Forester and Crosstrek (also marketed as the XV in some regions), as well as the performance-oriented BRZ sports coupe developed in partnership with Toyota.

In addition to passenger vehicles, Subaru Corporation is involved in the manufacturing of automotive components, aerospace products and industrial machinery, leveraging advanced materials and precision engineering capabilities inherited from its Fuji Heavy Industries heritage.