Short Interest in Canon, Inc. (OTCMKTS:CAJPY) Increases By 19.9%

Key Points

• Short interest increased 19.9% in April to 84,647 shares, with a short-interest ratio of just 0.5 days based on average daily volume—indicating a low days-to-cover despite the rise.
• Recent quarter results: Canon reported $0.35 EPS on $6.97 billion of revenue, with an ROE of 8.45% and net margin of 6.62%; sell-side analysts expect about 2.53 EPS for the year.
• Valuation and price context: Shares opened at $25.44 (market cap $22.35 billion, P/E 11.16), trading near the 52-week low ($25.07) with the 50‑day SMA (27.99) below the 200‑day SMA (29.18).

Canon, Inc. (OTCMKTS:CAJPY - Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 84,647 shares, an increase of 19.9% from the March 31st total of 70,590 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 181,343 shares, the short-interest ratio is currently 0.5 days.

Canon Trading Down 0.7%

Shares of Canon stock opened at $25.44 on Thursday. The company has a market cap of $22.35 billion, a price-to-earnings ratio of 11.16 and a beta of 0.63. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.08. Canon has a 1 year low of $25.07 and a 1 year high of $32.34. The company's fifty day simple moving average is $27.99 and its 200-day simple moving average is $29.18.

Canon (OTCMKTS:CAJPY - Get Free Report) last issued its earnings results on Thursday, April 23rd. The company reported $0.35 EPS for the quarter. The business had revenue of $6.97 billion during the quarter. Canon had a return on equity of 8.45% and a net margin of 6.62%. As a group, sell-side analysts expect that Canon will post 2.53 EPS for the current year.

Canon Company Profile

Canon Inc is a multinational corporation headquartered in Tokyo, Japan, renowned for its imaging and optical products. The company's core businesses encompass the design, manufacturing, and sale of a broad range of products, including digital cameras, interchangeable lenses, printers, scanners, photocopiers, and multifunction office equipment. Canon also offers medical, industrial, and semiconductor lithography systems, supporting sectors such as healthcare, manufacturing, and electronics.

Founded in 1937 as Precision Optical Instruments Laboratory, Canon initially focused on the development of Japan's first 35mm focal-plane-shutter camera.

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