SMC Co. (OTCMKTS:SMCAY) Short Interest Down 78.0% in April

SMC Co. (OTCMKTS:SMCAY - Get Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 9,700 shares, a decrease of 78.0% from the March 31st total of 44,000 shares. Based on an average daily volume of 148,700 shares, the short-interest ratio is presently 0.1 days.

SMC Price Performance

SMCAY stock traded up $0.85 during trading hours on Friday, reaching $25.94. 84,753 shares of the stock were exchanged, compared to its average volume of 86,815. The firm's 50-day moving average is $28.37 and its 200-day moving average is $26.77. SMC has a 12 month low of $22.05 and a 12 month high of $31.42. The company has a market cap of $33.08 billion, a price-to-earnings ratio of 25.18 and a beta of 0.95.

SMC (OTCMKTS:SMCAY - Get Free Report) last posted its quarterly earnings data on Tuesday, February 13th. The company reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $1.28 billion during the quarter. SMC had a return on equity of 10.50% and a net margin of 24.19%. As a group, equities research analysts forecast that SMC will post 0.97 earnings per share for the current year.

About SMC

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.