Fujitsu Ltd. (OTCMKTS:FJTSY) Sees Large Increase in Short Interest

Fujitsu Ltd. (OTCMKTS:FJTSY) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 209,452 shares, a growth of 251.8% from the February 26th total of 59,541 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,348,300 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 1,348,300 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Fujitsu Price Performance

Fujitsu stock opened at $20.57 on Wednesday. The stock has a market capitalization of $36.12 billion, a P/E ratio of 45.70, a P/E/G ratio of 0.77 and a beta of 0.89. The company’s fifty day moving average price is $24.61 and its 200 day moving average price is $25.54. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.87. Fujitsu has a 1 year low of $17.28 and a 1 year high of $30.05.

Analyst Upgrades and Downgrades

FJTSY has been the subject of a number of analyst reports. UBS Group upgraded shares of Fujitsu to a “hold” rating in a research report on Monday, January 26th. Jefferies Financial Group cut Fujitsu from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, Fujitsu presently has an average rating of “Hold”.

About Fujitsu

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu’s offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.