MonotaRO Co., Ltd. (OTCMKTS:MONOY) Sees Significant Increase in Short Interest

MonotaRO Co., Ltd. (OTCMKTS:MONOY) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 14,800 shares, an increase of 15.6% from the November 15th total of 12,800 shares. Based on an average daily trading volume, of 80,000 shares, the days-to-cover ratio is presently 0.2 days.

MonotaRO Stock Performance

Shares of MonotaRO stock traded down $0.31 during midday trading on Monday, hitting $18.19. The company had a trading volume of 54,200 shares, compared to its average volume of 125,916. The business’s 50 day simple moving average is $16.69 and its two-hundred day simple moving average is $14.97. The stock has a market cap of $9.12 billion, a PE ratio of 55.13 and a beta of 0.74. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.23 and a quick ratio of 1.66. MonotaRO has a 1-year low of $8.87 and a 1-year high of $19.03.

MonotaRO (OTCMKTS:MONOY) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $484.67 million for the quarter, compared to the consensus estimate of $486.62 million. MonotaRO had a net margin of 8.80% and a return on equity of 27.81%. As a group, equities analysts predict that MonotaRO will post 0.36 EPS for the current fiscal year.

MonotaRO Company Profile

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.