Short Interest in SMC Co. (OTCMKTS:SMCAY) Increases By 441.6%

SMC Co. (OTCMKTS:SMCAY - Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 788,500 shares, an increase of 441.6% from the March 15th total of 145,600 shares. Based on an average daily volume of 928,700 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the company's shares are short sold.

SMC Stock Down 0.3 %

SMCAY stock traded down $0.05 during trading on Friday, hitting $15.62. The company had a trading volume of 345,952 shares, compared to its average volume of 661,214. The firm has a market capitalization of $20.41 billion, a P/E ratio of 19.05, a PEG ratio of 16.73 and a beta of 0.96. SMC has a 52-week low of $14.85 and a 52-week high of $28.13. The company has a 50 day simple moving average of $17.94 and a 200-day simple moving average of $19.61.

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

SMC Company Profile

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.