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

Fuji Electric Co., Ltd. (OTCMKTS:FELTY) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 3,200 shares, a decrease of 85.7% from the February 13th total of 22,400 shares. Based on an average trading volume of 60,200 shares, the days-to-cover ratio is presently 0.1 days.

Fuji Electric Stock Down 0.6 %

Fuji Electric stock traded down $0.07 during trading on Wednesday, hitting $11.03. The company had a trading volume of 34,998 shares, compared to its average volume of 35,963. Fuji Electric has a 1-year low of $10.32 and a 1-year high of $17.17. The company’s 50 day simple moving average is $11.89 and its 200-day simple moving average is $13.22.

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.