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

Monotaro (OTCMKTS:MONOY) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,781 shares, a decrease of 94.7% from the May 31st total of 33,906 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 209,728 shares, the days-to-cover ratio is presently 0.0 days.

Monotaro Stock Up 2.1%

MONOY traded up $0.23 during trading hours on Friday, reaching $11.01. 12,668 shares of the stock traded hands, compared to its average volume of 159,028. The firm’s fifty day simple moving average is $11.58 and its two-hundred day simple moving average is $12.78. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.30 and a quick ratio of 1.88. The company has a market cap of $5.46 billion, a price-to-earnings ratio of 24.47 and a beta of 1.10. Monotaro has a fifty-two week low of $10.26 and a fifty-two week high of $21.30.

Monotaro (OTCMKTS:MONOY) last announced its earnings results on Monday, May 18th. The company reported $999.00 earnings per share (EPS) for the quarter. Monotaro had a return on equity of 28.14% and a net margin of 9.66%. As a group, analysts forecast that Monotaro will post 0.48 earnings per share for the current fiscal year.

Monotaro Company Profile

Monotaro Co, Ltd., trading on the OTC Market under the symbol MONOY, is a Japan-based e-commerce platform specializing in maintenance, repair and operations (MRO) supplies. Founded in 2000 as a subsidiary of IT Holdings Co, the company offers a broad assortment of industrial products including tools, safety gear, fasteners, electrical components and work-site consumables tailored to small and medium-sized enterprises, contractors and facility managers.

Through its online marketplaces in Japan and a regional subsidiary in Singapore, Monotaro provides access to several million stock-keeping units (SKUs), supported by streamlined procurement processes, competitive pricing and logistics capabilities designed to deliver same- or next-day shipment.