Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 34,708 shares, a drop of 56.1% from the May 14th total of 79,117 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 50,451 shares, the days-to-cover ratio is presently 0.7 days.
Fuji Electric Stock Performance
FELTY stock opened at $21.41 on Friday. The company’s 50 day moving average price is $21.31 and its 200 day moving average price is $19.49. Fuji Electric has a fifty-two week low of $10.66 and a fifty-two week high of $27.96.
Fuji Electric Company Profile
Fuji Electric Co, Ltd. (OTCMKTS: FELTY) is a Japanese engineering company specializing in the design, manufacture and sale of power electronics, industrial automation systems and energy infrastructure equipment. Established in 1923 as a joint undertaking between Furukawa Electric and General Electric, the company has evolved to become a global supplier of power semiconductors, inverters, switchgear, motors and generators. Its product lineup spans a range of applications, from high-voltage transmission and distribution systems to factory automation and renewable energy solutions.
The company operates through several business segments, including Energy & Environment, Industrial Infrastructure, Power Electronics and Electronic Devices.
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