Short Interest in Konica Minolta, Inc. (OTCMKTS:KNCAY) Drops By 12.5%

Konica Minolta, Inc. (OTCMKTS:KNCAY) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 700 shares, a decline of 12.5% from the October 31st total of 800 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is currently 0.1 days.

Konica Minolta Trading Down 4.5 %

KNCAY opened at $8.78 on Tuesday. The stock has a market capitalization of $2.17 billion, a P/E ratio of -219.45 and a beta of 0.72. Konica Minolta has a 12 month low of $4.87 and a 12 month high of $9.30. The firm’s fifty day simple moving average is $7.46 and its 200 day simple moving average is $6.31. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40.

Konica Minolta Company Profile

Konica Minolta, Inc engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally. It develops, manufactures, and sells multi-functional peripherals, digital printing systems, and related consumables, as well as offers IT and printing solutions and services.