Monotaro (OTCMKTS:MONOY) Short Interest Update

Key Points

• Monotaro experienced a significant increase in short interest, rising by 131.9% in September, totaling 32,000 shares as of September 30th.
• The company's stock is currently trading at $12.73, which is below its 12-month high of $21.63 and shows a declining trend since the average moving prices.
• For its latest quarter, Monotaro reported an earnings per share (EPS) of $0.11 with revenues of $561.57 million, falling short of analyst expectations.

Monotaro (OTCMKTS:MONOY - Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 32,000 shares, an increase of 131.9% from the September 15th total of 13,800 shares. Based on an average trading volume of 640,900 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 640,900 shares, the short-interest ratio is currently 0.0 days.

Monotaro Stock Performance

MONOY stock traded up $0.03 during mid-day trading on Friday, hitting $12.73. The company had a trading volume of 156,849 shares, compared to its average volume of 110,268. The stock's fifty day moving average price is $16.05 and its two-hundred day moving average price is $18.21. Monotaro has a 12 month low of $12.16 and a 12 month high of $21.63. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.14 and a current ratio of 2.72. The firm has a market cap of $6.38 billion, a PE ratio of 26.52 and a beta of 0.93.

Monotaro (OTCMKTS:MONOY - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $561.57 million for the quarter, compared to analyst estimates of $567.49 million. Monotaro had a net margin of 9.36% and a return on equity of 33.81%. On average, analysts forecast that Monotaro will post 0.4 earnings per share for the current fiscal year.

About Monotaro

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.

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