Fanuc Corp. (OTCMKTS:FANUY) Short Interest Down 47.4% in September
Fanuc Corp. (OTCMKTS:FANUY) experienced a significant decline in short interest, dropping 47.4% in September to 82,100 shares from 156,200 shares at the end of August. The days-to-cover ratio is currently 0.2 days based on an average daily volume of 535,200 shares. Despite a recent downgrade from HSBC Global Res from "strong-buy" to "hold," the stock maintains a consensus rating of "Buy" among analysts. Fanuc's stock traded at $14.85, with a market cap of $29.18 billion and a PE ratio of 26.05.
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