Monotaro (OTCMKTS:MONOY) Shares Shorted: Short Interest Up 7,547.9% in September

Monotaro (OTCMKTS:MONOY) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 51,394 shares, an increase of 7,547.9% from the August 31st total of 672 shares. Based on an average daily volume of 139,245 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Monotaro Price Performance

MONOY stock opened at $12.17 on Friday. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 26.46 and a beta of 1.09. The company has a quick ratio of 2.06, a current ratio of 2.69 and a debt-to-equity ratio of 0.17. Monotaro has a 52-week low of $10.26 and a 52-week high of $16.76. The stock’s fifty day simple moving average is $12.02 and its 200-day simple moving average is $11.70.

Monotaro (OTCMKTS:MONOY) last released its earnings results on Tuesday, August 4th. The company reported $0.12 EPS for the quarter. Monotaro had a return on equity of 29.68% and a net margin of 9.70%.The firm had revenue of $612.94 million during the quarter, compared to analyst estimates of $614.74 million. Equities research analysts expect that Monotaro will post 0.48 EPS for the current year.

Monotaro Company Profile

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.