Fanuc Co. (OTCMKTS:FANUF) Sees Significant Increase in Short Interest

Fanuc Co. (OTCMKTS:FANUF) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 2,697,400 shares, a growth of 19.5% from the March 31st total of 2,256,700 shares. Based on an average trading volume of 11,000 shares, the short-interest ratio is currently 245.2 days.

Fanuc Price Performance

FANUF traded up C$0.34 during trading hours on Tuesday, reaching C$29.86. 107 shares of the stock traded hands, compared to its average volume of 6,024. Fanuc has a fifty-two week low of C$24.10 and a fifty-two week high of C$37.94. The firm’s fifty day simple moving average is C$28.83 and its two-hundred day simple moving average is C$27.94.

Fanuc Company Profile

Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.