Short Interest in Monotaro (OTCMKTS:MONOY) Increases By 83.1%

Monotaro (OTCMKTS:MONOY) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 672 shares, a growth of 83.1% from the August 15th total of 367 shares. Based on an average daily volume of 81,660 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Monotaro Trading Down 0.6%

MONOY stock traded down $0.07 during trading on Wednesday, hitting $12.59. The company had a trading volume of 1,542 shares, compared to its average volume of 127,938. The firm has a 50-day moving average price of $11.95 and a 200-day moving average price of $11.71. Monotaro has a 12 month low of $10.26 and a 12 month high of $16.80. The company has a quick ratio of 1.88, a current ratio of 2.69 and a debt-to-equity ratio of 0.17. The stock has a market cap of $6.24 billion, a price-to-earnings ratio of 27.36 and a beta of 1.09.

Monotaro (OTCMKTS:MONOY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.12 EPS for the quarter. The firm had revenue of $612.94 million for the quarter, compared to analyst estimates of $614.74 million. Monotaro had a return on equity of 29.68% and a net margin of 9.70%. As a group, analysts predict that Monotaro will post 0.48 earnings per share for the current year.

About Monotaro

MonotaRO Co, Ltd. is a Japan-based e-commerce company that supplies maintenance, repair and operating (MRO) products to businesses and organizations. Through its online platform, the company sells a broad range of industrial, construction, automotive, office and safety supplies, as well as tools, equipment and consumable products.

Its customers include manufacturers, construction companies, vehicle maintenance businesses, public-sector organizations and other commercial users. MonotaRO provides product search, ordering and delivery services designed to help customers purchase routine workplace supplies through a single online channel.