Monotaro (OTCMKTS:MONOY) Sees Large Increase in Short Interest

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

Monotaro Price Performance

Shares of OTCMKTS:MONOY traded down $0.07 during trading on Wednesday, reaching $12.59. The stock had a trading volume of 1,542 shares, compared to its average volume of 127,938. The stock has a market capitalization of $6.24 billion, a PE ratio of 27.36 and a beta of 1.09. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.69 and a quick ratio of 1.88. Monotaro has a 52 week low of $10.26 and a 52 week high of $16.80. The business’s 50-day moving average price is $11.95 and its 200 day moving average price is $11.71.

Monotaro (OTCMKTS:MONOY) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $612.94 million during the quarter, compared to analysts’ expectations of $614.74 million. Monotaro had a return on equity of 29.68% and a net margin of 9.70%. As a group, equities 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.