Canon, Inc. (OTCMKTS:CAJPY) Sees Significant Increase in Short Interest

Canon, Inc. (OTCMKTS:CAJPY) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 160,632 shares, an increase of 52.9% from the November 30th total of 105,080 shares. Based on an average trading volume of 130,015 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 130,015 shares, the days-to-cover ratio is currently 1.2 days.

Canon Trading Up 0.2%

Shares of OTCMKTS CAJPY opened at $30.48 on Monday. The stock has a market cap of $30.11 billion, a PE ratio of 24.78 and a beta of 0.59. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.38 and a quick ratio of 0.91. The firm’s 50-day simple moving average is $29.40. Canon has a 12-month low of $26.25 and a 12-month high of $34.69.

Canon (OTCMKTS:CAJPY) last released its quarterly earnings results on Monday, October 27th. The company reported $0.48 EPS for the quarter. Canon had a return on equity of 4.69% and a net margin of 3.59%.The company had revenue of $7.49 billion during the quarter, compared to analysts’ expectations of $7.37 billion.

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.