Fanuc Corp. (OTCMKTS:FANUY) Short Interest Down 46.9% in July

Fanuc Corp. (OTCMKTS:FANUY) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 72,277 shares, a drop of 46.9% from the June 30th total of 136,113 shares. Based on an average daily trading volume, of 1,118,613 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Fanuc Stock Performance

Shares of OTCMKTS:FANUY traded up $0.03 during mid-day trading on Wednesday, hitting $19.51. 624,401 shares of the company traded hands, compared to its average volume of 485,942. The firm’s 50 day simple moving average is $22.67 and its 200 day simple moving average is $21.33. The firm has a market cap of $38.33 billion, a P/E ratio of 33.07, a PEG ratio of 2.59 and a beta of 1.03. Fanuc has a 52-week low of $13.60 and a 52-week high of $27.54.

About Fanuc

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.