Short Interest in Konica Minolta, Inc. (OTCMKTS:KNCAY) Declines By 70.3%

Konica Minolta, Inc. (OTCMKTS:KNCAY - Get Free Report) saw a large drop in short interest in May. As of May 15th, there was short interest totalling 1,100 shares, a drop of 70.3% from the April 30th total of 3,700 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 3.7 days. Currently, 0.0% of the company's stock are short sold.

Konica Minolta Stock Performance

Shares of Konica Minolta stock remained flat at $5.85 during midday trading on Friday. The company had a trading volume of 5 shares, compared to its average volume of 842. The firm has a 50-day moving average price of $6.12 and a 200 day moving average price of $7.36. The company has a quick ratio of 1.06, a current ratio of 1.54 and a debt-to-equity ratio of 0.47. The firm has a market cap of $1.45 billion, a PE ratio of -48.71 and a beta of 0.80. Konica Minolta has a 52 week low of $4.87 and a 52 week high of $9.30.

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.