Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) Sees Large Increase in Short Interest

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 79,117 shares, a growth of 114.6% from the April 30th total of 36,872 shares. Based on an average daily trading volume, of 27,632 shares, the short-interest ratio is presently 2.9 days. Approximately 0.0% of the company’s stock are short sold.

Fuji Electric Stock Performance

Fuji Electric stock traded up $0.17 during mid-day trading on Monday, hitting $24.28. The company had a trading volume of 4,988 shares, compared to its average volume of 28,642. Fuji Electric has a 1 year low of $10.66 and a 1 year high of $27.96. The business has a fifty day moving average of $20.37 and a 200 day moving average of $19.16.

About Fuji Electric

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.