Subaru Co. (OTCMKTS:FUJHY) Short Interest Update

Subaru Co. (OTCMKTS:FUJHY) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 20,000 shares, a growth of 11.1% from the August 15th total of 18,000 shares. Based on an average daily volume of 115,800 shares, the days-to-cover ratio is currently 0.2 days.

Subaru Price Performance

FUJHY stock traded up $0.30 during mid-day trading on Tuesday, hitting $10.47. 40,824 shares of the stock were exchanged, compared to its average volume of 43,333. The business has a fifty day moving average price of $9.34 and a 200 day moving average price of $8.72. Subaru has a 12 month low of $7.26 and a 12 month high of $10.47. The stock has a market capitalization of $16.07 billion, a price-to-earnings ratio of 8.52, a PEG ratio of 0.34 and a beta of 0.64.

Subaru (OTCMKTS:FUJHY) last issued its earnings results on Wednesday, August 2nd. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.08. The business had revenue of $7.88 billion during the quarter. Subaru had a return on equity of 12.23% and a net margin of 6.13%. As a group, equities analysts forecast that Subaru will post 1.36 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Nomura lowered shares of Subaru from a “buy” rating to a “neutral” rating in a research report on Monday, August 7th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. SVB Wealth LLC bought a new position in shares of Subaru during the second quarter valued at about $111,000. Russell Investments Group Ltd. raised its position in Subaru by 60.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 7,848 shares of the company’s stock valued at $74,000 after purchasing an additional 2,953 shares during the last quarter. Captrust Financial Advisors lifted its holdings in Subaru by 179.0% in the 2nd quarter. Captrust Financial Advisors now owns 2,935 shares of the company’s stock worth $26,000 after buying an additional 1,883 shares during the period. Financial Management Professionals Inc. bought a new stake in shares of Subaru in the 2nd quarter worth approximately $29,000. Finally, Beddow Capital Management Inc. increased its stake in shares of Subaru by 15.5% during the first quarter. Beddow Capital Management Inc. now owns 63,443 shares of the company’s stock valued at $504,000 after buying an additional 8,500 shares during the period. 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.