Konica Minolta, Inc. (OTCMKTS:KNCAF – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,782,807 shares, a growth of 117.7% from the August 15th total of 818,929 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Konica Minolta Price Performance
Shares of OTCMKTS:KNCAF remained flat at $3.54 during trading on Monday. Konica Minolta has a one year low of $3.05 and a one year high of $4.00. The business has a 50-day simple moving average of $3.54 and a 200-day simple moving average of $3.56.
About Konica Minolta
Konica Minolta, Inc is a Tokyo‐based technology company formed in 2003 through the merger of Konica, founded in 1873, and Minolta, established in 1928. The company has evolved from its photographic origins into a diversified provider of imaging, optical and digital transformation solutions. Headquartered in Marunouchi, Tokyo, Konica Minolta maintains a long history of innovation in imaging science and precision optics.
The company’s core business is organized into multiple segments, including the Workplace Hub and Production Print divisions.
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