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

Fanuc Co. (OTCMKTS:FANUFGet Free Report) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,125,500 shares, an increase of 10.8% from the December 31st total of 1,016,200 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 450.2 days.

Fanuc Stock Performance

Shares of Fanuc stock remained flat at C$32.00 on Monday. The company’s stock had a trading volume of 48,675 shares, compared to its average volume of 5,908. The business has a 50 day moving average price of C$26.60 and a 200-day moving average price of C$27.25. Fanuc has a 52-week low of C$23.90 and a 52-week high of C$32.30.

About Fanuc

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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.

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