Konica Minolta, Inc. (OTCMKTS:KNCAY) Sees Significant Growth in Short Interest

Konica Minolta, Inc. (OTCMKTS:KNCAY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 900 shares, a growth of 28.6% from the November 30th total of 700 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 4.5 days.

Konica Minolta Stock Performance

Shares of OTCMKTS:KNCAY remained flat at $8.48 during midday trading on Tuesday. The stock had a trading volume of 8 shares, compared to its average volume of 3,111. The company has a current ratio of 1.54, a quick ratio of 1.03 and a debt-to-equity ratio of 0.47. Konica Minolta has a 1-year low of $4.87 and a 1-year high of $9.30. The business has a 50 day moving average of $8.73 and a two-hundred day moving average of $6.71. The company has a market cap of $2.10 billion, a PE ratio of -211.95 and a beta of 0.75.

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.