Subaru Corporation (OTCMKTS:FUJHY) Sees Large Drop in Short Interest

Subaru Corporation (OTCMKTS:FUJHY) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 103,256 shares, a decline of 69.7% from the September 30th total of 340,822 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 331,183 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Subaru

An institutional investor recently raised its stake in Subaru stock. CHICAGO TRUST Co NA boosted its position in shares of Subaru Corporation (OTCMKTS:FUJHY) by 10.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,466 shares of the company’s stock after acquiring an additional 6,761 shares during the period. CHICAGO TRUST Co NA’s holdings in Subaru were worth $542,000 as of its most recent SEC filing. 0.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Subaru from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

Subaru Stock Performance

OTCMKTS:FUJHY opened at $8.26 on Friday. The stock has a 50 day simple moving average of $8.24 and a 200 day simple moving average of $8.39. The stock has a market cap of $11.85 billion, a P/E ratio of 20.65, a PEG ratio of 0.36 and a beta of 0.38. Subaru has a 1-year low of $7.10 and a 1-year high of $11.70. The company has a current ratio of 2.29, a quick ratio of 1.75 and a debt-to-equity ratio of 0.12.

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 the consensus estimate of $0.27 by ($0.05). Subaru had a return on equity of 3.04% and a net margin of 1.77%. The company had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.94 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. Research analysts anticipate that Subaru will post 0.66 earnings per share for the current year.

Subaru Company Profile

Subaru Corporation is a Japanese manufacturer best known for its Subaru automobile brand. The company develops, produces and sells passenger cars and sport utility vehicles, with a product lineup that includes models such as the Impreza, Legacy, Outback, Forester, Crosstrek and Solterra. Subaru vehicles are widely associated with symmetrical all-wheel-drive systems, horizontally opposed “boxer” engines and driver-assistance technologies.

In addition to automobiles, Subaru operates an aerospace business that develops and manufactures aircraft, aerospace components and related systems.