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

MonotaRO Co., Ltd. (OTCMKTS:MONOY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 2,000 shares, a drop of 35.5% from the May 31st total of 3,100 shares. Based on an average daily volume of 68,700 shares, the days-to-cover ratio is currently 0.0 days.

MonotaRO Price Performance

Shares of OTCMKTS:MONOY traded up $0.04 during trading hours on Friday, hitting $11.67. 31,866 shares of the company’s stock traded hands, compared to its average volume of 101,705. The company’s fifty day simple moving average is $11.10 and its two-hundred day simple moving average is $10.74. The company has a market cap of $5.85 billion, a price-to-earnings ratio of 37.52 and a beta of 0.67. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.66 and a current ratio of 2.23. MonotaRO has a 52 week low of $7.67 and a 52 week high of $13.45.

MonotaRO (OTCMKTS:MONOY) last posted its quarterly earnings results on Thursday, April 25th. The company reported $0.08 earnings per share (EPS) for the quarter. MonotaRO had a net margin of 8.56% and a return on equity of 27.14%. The firm had revenue of $465.58 million for the quarter, compared to analyst estimates of $451.65 million. As a group, equities analysts anticipate that MonotaRO will post 0.32 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. It offers products in various categories, such as safety protection equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety supplies/safety signs; office supplies; office furniture/lighting/cleaning supplies; cutting tools/abrasives; measurement/surveying supplies; work/electric/pneumatic tools; spray/oil/grease/paint/adhesion/repair/welding supplies; and agricultural materials/gardening supplies.