Makita Co. (OTCMKTS:MKTAY) Short Interest Update

Makita Co. (OTCMKTS:MKTAY) was the target of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 2,700 shares, a decline of 25.0% from the November 15th total of 3,600 shares. Based on an average daily trading volume, of 19,900 shares, the short-interest ratio is presently 0.1 days.

Makita Stock Down 1.1 %

MKTAY traded down $0.35 during trading on Friday, hitting $31.56. The company’s stock had a trading volume of 6,306 shares, compared to its average volume of 11,704. The business’s 50 day simple moving average is $31.59 and its 200-day simple moving average is $30.91. Makita has a one year low of $24.59 and a one year high of $35.49. The firm has a market cap of $8.49 billion, a PE ratio of 22.96 and a beta of 0.74.

Makita Company Profile

Makita Corporation engages in the manufacture and sale of electric power tools, pneumatic tools, and gardening and household equipment in Japan, Europe, North America, Asia, Australia, Brazil, and the United Arab Emirates. It offers cordless, drilling/fastening, impact drilling/demolition, grinding/sanding, sawing, planning/routering, pneumatic, outdoor power, and dust extraction/other equipment, as well as accessories; and cutting equipment for new materials, masonry, and metals.