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SMC Co. (OTCMKTS:SMCAY) Short Interest Down 89.2% in April

SMC logo with Computer and Technology background

SMC Co. (OTCMKTS:SMCAY - Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 85,400 shares, a decline of 89.2% from the March 31st total of 788,500 shares. Based on an average daily volume of 1,675,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's shares are sold short.

SMC Price Performance

OTCMKTS:SMCAY traded up $0.61 during trading hours on Friday, reaching $16.41. 198,024 shares of the company were exchanged, compared to its average volume of 643,730. The firm has a market cap of $21.44 billion, a price-to-earnings ratio of 20.01, a PEG ratio of 16.73 and a beta of 0.96. The stock has a 50 day simple moving average of $17.69 and a 200 day simple moving average of $19.37. SMC has a 52-week low of $14.30 and a 52-week high of $28.13.

SMC (OTCMKTS:SMCAY - Get Free Report) last issued its earnings results on Friday, February 14th. The company reported $0.22 earnings per share for the quarter. The firm had revenue of $1.28 billion for the quarter. SMC had a return on equity of 8.31% and a net margin of 20.52%. On average, analysts predict that SMC will post 0.79 EPS for the current fiscal year.

SMC Company Profile

(Get Free Report)

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.

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