Subaru Co. (OTCMKTS:FUJHY – Get Free Report) was the recipient of a large drop in short interest in November. As of November 15th, there was short interest totalling 45,000 shares, a drop of 58.4% from the October 31st total of 108,100 shares. Based on an average daily trading volume, of 605,600 shares, the days-to-cover ratio is currently 0.1 days.
Subaru Price Performance
Shares of OTCMKTS FUJHY traded up $0.07 during mid-day trading on Friday, reaching $8.00. 101,090 shares of the company were exchanged, compared to its average volume of 134,344. The company’s 50 day moving average price is $8.41 and its 200 day moving average price is $9.36. Subaru has a 52 week low of $7.51 and a 52 week high of $11.76. The company has a quick ratio of 1.91, a current ratio of 2.35 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $11.73 billion, a PE ratio of 4.52, a PEG ratio of 0.25 and a beta of 0.64.
Hedge Funds Weigh In On Subaru
An institutional investor recently raised its position in Subaru stock. Beddow Capital Management Inc. boosted its position in shares of Subaru Co. (OTCMKTS:FUJHY – Free Report) by 1.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 84,443 shares of the company’s stock after buying an additional 1,507 shares during the quarter. Beddow Capital Management Inc.’s holdings in Subaru were worth $895,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 0.01% of the company’s stock.
Subaru Company Profile
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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