Konica Minolta, Inc. (OTCMKTS:KNCAF) Sees Significant Decrease in Short Interest

Konica Minolta, Inc. (OTCMKTS:KNCAF – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,139,559 shares, a decline of 48.3% from the September 30th total of 2,202,844 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Konica Minolta Stock Performance

KNCAF stock remained flat at $3.54 during midday trading on Monday. Konica Minolta has a one year low of $3.05 and a one year high of $4.00. The stock has a fifty day moving average price of $3.54 and a 200 day moving average price of $3.46.

Konica Minolta Company Profile

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Konica Minolta, Inc is a Japanese technology company that provides business equipment, digital solutions and specialized imaging technologies. Its offerings include multifunctional office printers, document management systems, workflow software and related IT services designed to help organizations manage and digitize information.

The company also serves the professional printing market with production printers, industrial printing systems and software. In healthcare, Konica Minolta supplies medical imaging systems, including digital radiography and diagnostic imaging solutions.

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