Konica Minolta, Inc. (OTCMKTS:KNCAY) Short Interest Down 12.5% in November

Konica Minolta, Inc. (OTCMKTS:KNCAY) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 700 shares, a decline of 12.5% from the October 31st total of 800 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is currently 0.1 days.

Konica Minolta Stock Performance

Shares of OTCMKTS KNCAY remained flat at $9.19 during mid-day trading on Monday. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. Konica Minolta has a 1 year low of $4.87 and a 1 year high of $9.30. The company’s 50-day moving average price is $7.40 and its two-hundred day moving average price is $6.29. The firm has a market cap of $2.27 billion, a P/E ratio of -229.69 and a beta of 0.72.

About Konica Minolta

Konica Minolta, Inc engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally. It develops, manufactures, and sells multi-functional peripherals, digital printing systems, and related consumables, as well as offers IT and printing solutions and services.