Subaru Corporation (OTCMKTS:FUJHY) Shares Shorted: Short Interest Down 69.7% in October

Subaru Corporation (OTCMKTS:FUJHY) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 103,256 shares, a decrease of 69.7% from the September 30th total of 340,822 shares. Based on an average daily volume of 331,183 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Subaru Stock Performance

Shares of OTCMKTS:FUJHY traded up $0.11 on Thursday, reaching $8.25. 13,671 shares of the company’s stock were exchanged, compared to its average volume of 251,720. Subaru has a twelve month low of $7.10 and a twelve month high of $11.70. The company has a fifty day moving average of $8.23 and a 200-day moving average of $8.40. The company has a market capitalization of $11.84 billion, a price-to-earnings ratio of 20.63, a PEG ratio of 0.37 and a beta of 0.38. The company has a current ratio of 2.29, a quick ratio of 1.75 and a debt-to-equity ratio of 0.12.

Subaru (OTCMKTS:FUJHY) last released its earnings results on Wednesday, August 5th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.05). The firm had revenue of $7.94 billion during the quarter, compared to the consensus estimate of $7.94 billion. Subaru had a net margin of 1.77% and a return on equity of 3.04%. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. On average, research analysts predict that Subaru will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Subaru stock. GAMMA Investing LLC grew its stake in shares of Subaru Corporation (OTCMKTS:FUJHY) by 69.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 7,221 shares of the company’s stock after purchasing an additional 2,947 shares during the period. GAMMA Investing LLC’s holdings in Subaru were worth $58,000 as of its most recent filing with the SEC. 0.01% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Subaru from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Subaru currently has an average rating of “Reduce”.

Subaru Company Profile

Subaru Corporation is a Japanese manufacturer best known for its Subaru automobile brand. The company develops, produces and sells passenger cars and sport utility vehicles, with a product lineup that includes models such as the Impreza, Legacy, Outback, Forester, Crosstrek and Solterra. Subaru vehicles are widely associated with symmetrical all-wheel-drive systems, horizontally opposed “boxer” engines and driver-assistance technologies.

In addition to automobiles, Subaru operates an aerospace business that develops and manufactures aircraft, aerospace components and related systems.