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

Fanuc Co. (OTCMKTS:FANUF) saw a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 985,800 shares, a decrease of 9.2% from the October 15th total of 1,085,800 shares. Based on an average daily volume of 4,500 shares, the days-to-cover ratio is presently 219.1 days.

Fanuc Stock Performance

OTCMKTS FANUF opened at C$27.50 on Tuesday. The business’s 50-day moving average price is C$27.08 and its 200 day moving average price is C$27.95. Fanuc has a twelve month low of C$24.25 and a twelve month high of C$31.99.

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.