Fujitsu Ltd. (OTCMKTS:FJTSY) Sees Large Decline in Short Interest

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 12,422 shares, a decrease of 81.6% from the March 31st total of 67,668 shares. Based on an average daily volume of 1,312,632 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.Fujitsu Price PerformanceOTCMKTS:FJTSY traded down $0.06 during midday trading on Friday, reaching $23.16. The stock had a trading volume of 107,020 shares, compared to its average volume of 521,957. Fujitsu has a 1-year low of $19.10 and a 1-year high of $30.05. The firm's fifty day simple moving average is $22.13 and its 200-day simple moving average is $25.06. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.87. Wall Street Analyst Weigh InA number of research analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of Fujitsu from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 18th. UBS Group upgraded shares of Fujitsu to a "hold" rating in a research note on Monday, January 26th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of "Hold".Get Our Latest Research Report on FujitsuFujitsu Company Profile (Get Free Report)Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu's offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries. On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.Read MoreFive stocks we like better than FujitsuThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Fujitsu Right Now?Before you consider Fujitsu, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fujitsu wasn't on the list.While Fujitsu currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here