Subaru Co. (OTCMKTS:FUJHY – Get Free Report) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 108,100 shares, a growth of 5,047.6% from the October 15th total of 2,100 shares. Based on an average trading volume of 350,900 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Investors Weigh In On Subaru
An institutional investor recently raised its position in Subaru stock. Beddow Capital Management Inc. raised its holdings in Subaru Co. (OTCMKTS:FUJHY – Free Report) by 38.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 116,648 shares of the company’s stock after buying an additional 32,205 shares during the period. Beddow Capital Management Inc.’s holdings in Subaru were worth $1,012,000 at the end of the most recent reporting period. Institutional investors own 0.01% of the company’s stock.
Subaru Trading Down 1.6 %
FUJHY opened at $7.78 on Thursday. The stock has a market capitalization of $11.41 billion, a P/E ratio of 4.47, a P/E/G ratio of 0.25 and a beta of 0.64. Subaru has a 12 month low of $7.63 and a 12 month high of $11.76. The firm’s fifty day simple moving average is $8.62 and its 200 day simple moving average is $9.61.
About Subaru
Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.
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