Subaru Corporation (OTCMKTS:FUJHY) Short Interest Down 65.5% in August

Subaru Corporation (OTCMKTS:FUJHYGet Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 54,133 shares, a drop of 65.5% from the August 15th total of 157,088 shares. Based on an average daily volume of 317,405 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several research firms recently commented on FUJHY. Zacks Research raised shares of Subaru from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. UBS Group cut shares of Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Subaru currently has a consensus rating of “Reduce”.

Check Out Our Latest Research Report on FUJHY

Hedge Funds Weigh In On Subaru

A hedge fund recently raised its stake in Subaru stock. Great Lakes Advisors LLC increased its holdings in shares of Subaru Corporation (OTCMKTS:FUJHYFree Report) by 7.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 381,638 shares of the company’s stock after buying an additional 25,432 shares during the quarter. Great Lakes Advisors LLC’s holdings in Subaru were worth $4,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.01% of the stock is currently owned by hedge funds and other institutional investors.

Subaru Price Performance

FUJHY opened at $8.49 on Friday. The company has a market capitalization of $12.18 billion, a price-to-earnings ratio of 21.23, a PEG ratio of 0.36 and a beta of 0.36. The company has a current ratio of 2.29, a quick ratio of 1.68 and a debt-to-equity ratio of 0.12. 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 $8.10 and its 200-day simple moving average is $7.98.

Subaru (OTCMKTS:FUJHYGet Free Report) last released its quarterly earnings data 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). The business had revenue of $7.94 billion for the quarter, compared to the consensus estimate of $7.94 billion. Subaru had a net margin of 1.77% and a return on equity of 3.04%. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. On average, equities research analysts anticipate that Subaru will post 0.66 earnings per share for the current fiscal year.

Subaru Company Profile

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Subaru Corporation is a Japanese manufacturer best known for its Subaru-branded automobiles. The company develops and sells passenger cars and sport utility vehicles, with a product range that includes the Impreza, Legacy, Outback, Forester, Crosstrek and BRZ. Subaru vehicles are widely associated with symmetrical all-wheel-drive systems and horizontally opposed “boxer” engines, features used across much of the company’s lineup.

The company also operates an aerospace business that develops and manufactures aircraft, aircraft components and related systems for commercial, government and defense customers.

Further Reading

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