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

Fujitsu Ltd. (OTCMKTS:FJTSY) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 297,379 shares, an increase of 327.2% from the January 29th total of 69,616 shares. Based on an average trading volume of 832,252 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 832,252 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of Fujitsu to a “hold” rating in a report on Monday, January 26th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Fujitsu has a consensus rating of “Hold”.

Fujitsu Stock Down 3.1%

FJTSY stock traded down $0.70 during mid-day trading on Friday, reaching $22.12. The company had a trading volume of 633,721 shares, compared to its average volume of 391,655. The stock’s 50-day simple moving average is $26.53 and its two-hundred day simple moving average is $25.76. 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 one year low of $17.28 and a one year high of $30.05.

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.