Monotaro (OTCMKTS:MONOY) Short Interest Down 61.9% in July

Monotaro (OTCMKTS:MONOY) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 5,837 shares, a decline of 61.9% from the July 15th total of 15,324 shares. Based on an average trading volume of 128,480 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Monotaro Trading Up 0.1%

MONOY stock traded up $0.01 during midday trading on Friday, reaching $11.65. 24,582 shares of the company traded hands, compared to its average volume of 56,963. The firm has a market capitalization of $5.78 billion, a price-to-earnings ratio of 25.33 and a beta of 1.09. Monotaro has a 52-week low of $10.26 and a 52-week high of $19.29. The business has a 50 day moving average of $11.66 and a 200-day moving average of $11.99. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 2.30.

Monotaro (OTCMKTS:MONOY) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter. Monotaro had a return on equity of 28.73% and a net margin of 9.70%.The company had revenue of $612.94 million for the quarter, compared to analyst estimates of $614.74 million. As a group, sell-side analysts expect 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.