Konica Minolta, Inc. (OTCMKTS:KNCAY) Short Interest Down 12.5% in November

Konica Minolta, Inc. (OTCMKTS:KNCAY) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 700 shares, a drop of 12.5% from the October 31st total of 800 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is currently 0.1 days.

Konica Minolta Stock Performance

Shares of OTCMKTS:KNCAY remained flat at $9.19 during mid-day trading on Friday. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40. Konica Minolta has a 1-year low of $4.87 and a 1-year high of $9.30. The business’s 50-day moving average is $7.40 and its 200 day moving average is $6.29.

Konica Minolta Company Profile

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.