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

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 19,580 shares, a decrease of 86.5% from the September 15th total of 145,131 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 39,909 shares, the days-to-cover ratio is presently 0.5 days.

Fuji Electric Stock Up 3.4%

OTCMKTS:FELTY opened at $23.59 on Friday. The stock has a 50-day simple moving average of $21.96 and a 200-day simple moving average of $21.20. Fuji Electric has a 1 year low of $16.06 and a 1 year high of $27.96.

Fuji Electric Company Profile

Fuji Electric Co, Ltd. is a Japanese manufacturer of energy and industrial technology products. Founded in 1923 through a partnership between Furukawa Electric and Siemens, the company has developed into a global supplier of equipment used in power generation, transmission, distribution and industrial operations.

The company’s products and services include power semiconductors, inverters, variable-frequency drives, uninterruptible power systems, generators, transformers, switchgear and other power electronics.