Short Interest in Konica Minolta, Inc. (OTCMKTS:KNCAY) Increases By 28.6%

Konica Minolta, Inc. (OTCMKTS:KNCAY - Get Free Report) was the target of 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 daily trading volume, of 200 shares, the short-interest ratio is currently 4.5 days.

Konica Minolta Stock Performance

OTCMKTS KNCAY remained flat at $8.48 during mid-day trading on Tuesday. 8 shares of the company were exchanged, compared to its average volume of 3,111. The business has a 50-day simple moving average of $8.77 and a 200 day simple moving average of $6.73. The company has a quick ratio of 1.03, a current ratio of 1.54 and a debt-to-equity ratio of 0.47. Konica Minolta has a 12-month low of $4.87 and a 12-month high of $9.30. The stock has a market cap of $2.10 billion, a P/E 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.