MonotaRO Co., Ltd. (OTCMKTS:MONOY) Short Interest Down 85.5% in December

MonotaRO Co., Ltd. (OTCMKTS:MONOY) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 1,900 shares, a drop of 85.5% from the December 15th total of 13,100 shares. Based on an average trading volume of 177,000 shares, the days-to-cover ratio is currently 0.0 days.

MonotaRO Stock Performance

Shares of OTCMKTS MONOY traded down $0.06 during trading on Monday, reaching $16.04. The stock had a trading volume of 49,407 shares, compared to its average volume of 51,672. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.66 and a current ratio of 2.23. The stock has a market cap of $8.04 billion, a PE ratio of 48.61 and a beta of 0.76. MonotaRO has a one year low of $8.87 and a one year high of $19.35. The firm’s 50 day moving average price is $17.11 and its two-hundred day moving average price is $15.83.

MonotaRO (OTCMKTS:MONOY) last released its earnings results on Thursday, October 31st. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $484.67 million during the quarter, compared to analyst estimates of $486.62 million. MonotaRO had a net margin of 8.80% and a return on equity of 27.81%. On average, research analysts forecast that MonotaRO will post 0.36 earnings per share for the current fiscal year.

About MonotaRO

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.