Fujitsu Ltd. (OTCMKTS:FJTSY) Short Interest Update

Fujitsu Ltd. (OTCMKTS:FJTSY) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 88,703 shares, an increase of 149.4% from the June 15th total of 35,568 shares. Based on an average trading volume of 979,228 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Jefferies Financial Group downgraded Fujitsu from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Fujitsu has a consensus rating of “Hold”.

Fujitsu Stock Performance

FJTSY opened at $20.37 on Tuesday. The stock has a market capitalization of $35.77 billion, a price-to-earnings ratio of 45.27, a PEG ratio of 0.97 and a beta of 0.81. Fujitsu has a fifty-two week low of $19.10 and a fifty-two week high of $30.05. The company has a fifty day moving average of $20.84 and a 200 day moving average of $23.05.

Fujitsu Company Profile

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu’s offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.