Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 32,654 shares, a growth of 66.8% from the September 30th total of 19,580 shares. Based on an average daily trading volume, of 24,350 shares, the short-interest ratio is presently 1.3 days. Approximately 0.0% of the shares of the stock are sold short.
Fuji Electric Stock Performance
Shares of Fuji Electric stock opened at $19.37 on Monday. Fuji Electric has a 1 year low of $16.06 and a 1 year high of $27.96. The firm’s 50-day moving average is $21.69 and its two-hundred day moving average is $20.65.
About Fuji Electric
Fuji Electric Co, Ltd. is a Japanese electrical and industrial technology company that develops products and systems for energy and industrial applications. Its businesses include power generation, transmission and distribution equipment, industrial automation systems, power electronics, and semiconductor devices.
The company offers products such as inverters, drives, motors, control systems, power supplies, energy-management equipment, and power semiconductor modules. It also provides solutions for renewable energy, data centers, transportation, manufacturing, and other infrastructure markets.
Fuji Electric was established in 1923 through a partnership between Furukawa Electric and Siemens.
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