Subaru Co. (OTCMKTS:FUJHY) Sees Large Increase in Short Interest

Subaru Co. (OTCMKTS:FUJHY) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 64,700 shares, a growth of 8.6% from the August 15th total of 59,600 shares. Based on an average trading volume of 328,800 shares, the short-interest ratio is currently 0.2 days.

Subaru Stock Down 2.6 %

Shares of Subaru stock opened at $8.40 on Wednesday. The firm has a market cap of $12.67 billion, a price-to-earnings ratio of 4.77, a price-to-earnings-growth ratio of 0.23 and a beta of 0.65. Subaru has a 52-week low of $7.63 and a 52-week high of $11.76. The company’s 50-day simple moving average is $9.26 and its 200-day simple moving average is $10.31.

Subaru (OTCMKTS:FUJHY) last released its earnings results on Monday, August 5th. The company reported $0.36 earnings per share (EPS) for the quarter. The company had revenue of $7.01 billion for the quarter. Subaru had a return on equity of 15.97% and a net margin of 8.40%. Equities research analysts anticipate that Subaru will post 1.56 EPS for the current year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Subaru stock. Beddow Capital Management Inc. increased its stake in Subaru Co. (OTCMKTS:FUJHY) by 14.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,936 shares of the company’s stock after purchasing an additional 10,243 shares during the quarter. Beddow Capital Management Inc.’s holdings in Subaru were worth $939,000 at the end of the most recent quarter. 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.