SMC Co. (OTCMKTS:SMCAY) Short Interest Up 219.9% in May

SMC Co. (OTCMKTS:SMCAY - Get Free Report) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 173,700 shares, an increase of 219.9% from the May 15th total of 54,300 shares. Based on an average daily trading volume, of 810,700 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company's stock are sold short.

SMC Stock Down 0.6%

OTCMKTS SMCAY traded down $0.12 on Thursday, reaching $18.63. The company had a trading volume of 454,671 shares, compared to its average volume of 564,718. The company's fifty day moving average is $17.20 and its 200 day moving average is $18.53. SMC has a 52-week low of $14.30 and a 52-week high of $26.56. The stock has a market capitalization of $24.35 billion, a P/E ratio of 22.72, a P/E/G ratio of 16.73 and a beta of 1.03.

SMC (OTCMKTS:SMCAY - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.05. SMC had a net margin of 20.52% and a return on equity of 8.31%. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $200.60 billion. On average, research analysts expect that SMC will post 0.79 EPS 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.