Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Sees Large Decline in Short Interest

Fuji Electric Co., Ltd. (OTCMKTS:FELTYGet Free Report) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 4,500 shares, a decrease of 72.7% from the November 15th total of 16,500 shares. Based on an average daily volume of 47,100 shares, the short-interest ratio is presently 0.1 days.

Fuji Electric Stock Performance

Fuji Electric stock traded down $0.28 during mid-day trading on Thursday, reaching $14.26. The company had a trading volume of 26,570 shares, compared to its average volume of 21,647. The business has a fifty day simple moving average of $13.82 and a 200 day simple moving average of $14.00. Fuji Electric has a fifty-two week low of $9.75 and a fifty-two week high of $17.17.

About Fuji Electric

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Fuji Electric Co, Ltd., together with its subsidiaries, develops power semiconductors and electronics solutions in Japan and internationally. It operates through Power Electronics Energy, Power Electronics Industry, Semiconductor, Power Generation, Food and Beverages Distribution, Others segments. The company also offers drivers and inverters including AC drivers, motors, and servo systems; semiconductors and photoconductors; power supply products, which includes uninterruptible power systems, solar inverters, data centers, rectifiers, and formers; sensors and measurements, such as instrumentation and radiation monitoring systems; and factory automation systems.

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