Short Interest in Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) Decreases By 82.8%

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 6,601 shares, a decline of 82.8% from the June 30th total of 38,316 shares. Based on an average daily trading volume, of 112,039 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Fuji Electric Stock Down 0.7%

Shares of FELTY stock traded down $0.13 during trading hours on Friday, reaching $19.55. 47,092 shares of the stock were exchanged, compared to its average volume of 45,610. The business’s fifty day moving average is $21.91 and its two-hundred day moving average is $20.07. Fuji Electric has a 12-month low of $12.27 and a 12-month high of $27.96.

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.