Monotaro (OTCMKTS:MONOY) Short Interest Down 82.2% in June

Monotaro (OTCMKTS:MONOY) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 317 shares, a drop of 82.2% from the June 15th total of 1,781 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 330,356 shares, the short-interest ratio is currently 0.0 days.

Monotaro Trading Up 0.8%

OTCMKTS:MONOY traded up $0.10 during mid-day trading on Monday, reaching $12.00. 18,908 shares of the company’s stock traded hands, compared to its average volume of 152,993. The company has a 50 day moving average price of $11.58 and a 200-day moving average price of $12.53. The firm has a market capitalization of $5.95 billion, a price-to-earnings ratio of 26.66 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.30 and a quick ratio of 1.88. Monotaro has a 12-month low of $10.26 and a 12-month high of $19.60.

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.