Short Interest in Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Expands By 762.5%

Fuji Electric Co., Ltd. (OTCMKTS:FELTY) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 27,600 shares, an increase of 762.5% from the February 28th total of 3,200 shares. Based on an average daily trading volume, of 64,500 shares, the short-interest ratio is currently 0.4 days.

Fuji Electric Stock Performance

Shares of FELTY stock traded down $0.22 during mid-day trading on Thursday, hitting $11.06. 20,617 shares of the stock traded hands, compared to its average volume of 34,020. Fuji Electric has a 52-week low of $10.32 and a 52-week high of $17.17. The stock’s fifty day moving average is $11.47 and its two-hundred day moving average is $12.98.

About Fuji Electric

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.