Short Interest in Subaru Co. (OTCMKTS:FUJHY) Decreases By 58.4%

Subaru Co. (OTCMKTS:FUJHY) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 45,000 shares, a decrease of 58.4% from the October 31st total of 108,100 shares. Based on an average daily volume of 605,600 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Subaru

A hedge fund recently raised its stake in Subaru stock. Beddow Capital Management Inc. raised its stake in Subaru Co. (OTCMKTS:FUJHY) by 38.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,648 shares of the company’s stock after purchasing an additional 32,205 shares during the quarter. Beddow Capital Management Inc.’s holdings in Subaru were worth $1,012,000 at the end of the most recent quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.

Subaru Price Performance

FUJHY stock traded down $0.10 during midday trading on Thursday, reaching $7.93. 219,035 shares of the company’s stock traded hands, compared to its average volume of 134,489. Subaru has a fifty-two week low of $7.51 and a fifty-two week high of $11.76. The business has a 50-day moving average price of $8.42 and a two-hundred day moving average price of $9.38. The company has a market capitalization of $11.63 billion, a P/E ratio of 4.48, a PEG ratio of 0.25 and a beta of 0.64.

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.