Konica Minolta Inc. (OTCMKTS:KNCAY) Short Interest Update

Konica Minolta Inc. (OTCMKTS:KNCAY) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 90 shares, a growth of ? from the April 30th total of 0 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 278 shares, the short-interest ratio is currently 0.3 days.

Konica Minolta Price Performance

OTCMKTS KNCAY remained flat at $6.56 during trading on Monday. 3 shares of the company’s stock were exchanged, compared to its average volume of 206. The company has a 50-day simple moving average of $6.59 and a 200 day simple moving average of $7.67. Konica Minolta has a 1-year low of $5.60 and a 1-year high of $9.14. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.14 and a current ratio of 1.73. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of -131.20 and a beta of 0.64.

Konica Minolta Company Profile

Konica Minolta, Inc is a Tokyo?based multinational technology company specializing in imaging and information management solutions. The company’s core offerings include networked multifunction printers, production printing systems, document management software and IT services aimed at helping organizations streamline workflows and improve productivity. Through its Digital Workplace Business, Konica Minolta provides hardware, software and consulting services designed to optimize document-intensive processes across corporate, legal, healthcare and educational environments.

In addition to office and production print, Konica Minolta has developed a strong presence in the healthcare sector.