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

Fanuc Co. (OTCMKTS:FANUF) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 1,210,100 shares, a decrease of 8.2% from the September 15th total of 1,318,800 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 355.9 days.

Fanuc Trading Up 9.4 %

Shares of OTCMKTS:FANUF opened at C$26.65 on Friday. Fanuc has a fifty-two week low of C$24.10 and a fifty-two week high of C$31.99. The firm’s 50 day simple moving average is C$27.73 and its 200 day simple moving average is C$28.27.

About Fanuc

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.