Konica Minolta Inc. (OTCMKTS:KNCAY) Stock Short Interest Jumps 310.3%

Konica Minolta Inc. (OTCMKTS:KNCAY – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 160 shares, a growth of 310.3% from the October 15th total of 39 shares. Based on an average daily volume of 116 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.0% of the company’s shares are short sold.

Konica Minolta Stock Performance

Konica Minolta stock opened at $7.41 on Thursday. Konica Minolta has a 52-week low of $6.03 and a 52-week high of $9.14. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.22 and a current ratio of 1.81. The firm has a 50 day moving average price of $8.17 and a two-hundred day moving average price of $7.53.

Konica Minolta Company Profile

(Get Free Report)

Konica Minolta, Inc. is a Japanese technology company that develops and sells office, production-printing, healthcare and industrial products and services. Its offerings include multifunction printers and copiers, commercial printing systems, document and workflow solutions, and related IT services for businesses. The company also serves healthcare customers with diagnostic imaging equipment and services, and industrial customers with products such as optical systems, sensing instruments and functional materials.

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