Short Interest in MonotaRO Co., Ltd. (OTCMKTS:MONOY) Increases By 115.0%

MonotaRO Co., Ltd. (OTCMKTS:MONOY) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 4,300 shares, an increase of 115.0% from the June 15th total of 2,000 shares. Based on an average daily volume of 64,500 shares, the days-to-cover ratio is currently 0.1 days.

MonotaRO Stock Up 3.0 %

MonotaRO stock opened at $13.15 on Friday. The business’s 50-day moving average price is $11.06 and its 200 day moving average price is $10.83. The company has a quick ratio of 1.66, a current ratio of 2.23 and a debt-to-equity ratio of 0.01. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of 42.42 and a beta of 0.65. MonotaRO has a 52 week low of $7.67 and a 52 week high of $13.45.

MonotaRO (OTCMKTS:MONOY) last posted its earnings results on Thursday, April 25th. The company reported $0.08 earnings per share for the quarter. MonotaRO had a net margin of 8.56% and a return on equity of 27.14%. The firm had revenue of $465.58 million during the quarter, compared to analyst estimates of $451.65 million. As a group, sell-side analysts anticipate that MonotaRO will post 0.32 earnings per share for the current year.

About MonotaRO

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. It offers products in various categories, such as safety protection equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety supplies/safety signs; office supplies; office furniture/lighting/cleaning supplies; cutting tools/abrasives; measurement/surveying supplies; work/electric/pneumatic tools; spray/oil/grease/paint/adhesion/repair/welding supplies; and agricultural materials/gardening supplies.