Canon, Inc. (OTCMKTS:CAJPY) Short Interest Update

Canon, Inc. (OTCMKTS:CAJPY) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 67,851 shares, a decrease of 29.1% from the February 26th total of 95,736 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 219,460 shares, the short-interest ratio is presently 0.3 days.

Canon Trading Down 0.3%

Shares of Canon stock traded down $0.09 on Friday, hitting $27.06. 85,187 shares of the company traded hands, compared to its average volume of 122,184. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.08. The company has a market cap of $23.78 billion, a PE ratio of 11.09 and a beta of 0.61. The stock’s 50 day moving average price is $29.52 and its 200-day moving average price is $29.53. Canon has a 52 week low of $26.22 and a 52 week high of $32.55.

Canon (OTCMKTS:CAJPY) last announced its quarterly earnings data on Thursday, January 29th. The company reported $0.82 earnings per share (EPS) for the quarter. The company had revenue of $8.58 billion for the quarter, compared to analysts’ expectations of $8.37 billion. Canon had a return on equity of 9.29% and a net margin of 7.17%.

About Canon

Canon Inc is a multinational corporation headquartered in Tokyo, Japan, renowned for its imaging and optical products. The company’s core businesses encompass the design, manufacturing, and sale of a broad range of products, including digital cameras, interchangeable lenses, printers, scanners, photocopiers, and multifunction office equipment. Canon also offers medical, industrial, and semiconductor lithography systems, supporting sectors such as healthcare, manufacturing, and electronics.

Founded in 1937 as Precision Optical Instruments Laboratory, Canon initially focused on the development of Japan’s first 35mm focal-plane-shutter camera.