Monotaro (OTCMKTS:MONOY) Short Interest Update

Monotaro (OTCMKTS:MONOY) was the target of a significant decline in short interest in 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 128,480 shares, the days-to-cover ratio is presently 0.0 days.

Monotaro Trading Down 1.8%

Shares of OTCMKTS:MONOY opened at $11.64 on Friday. The business’s 50 day moving average price is $11.66 and its 200-day moving average price is $12.00. Monotaro has a 1 year low of $10.26 and a 1 year high of $19.29. The firm has a market capitalization of $5.78 billion, a price-to-earnings ratio of 25.30 and a beta of 1.09. 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 (OTCMKTS:MONOY) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter. Monotaro had a net margin of 9.70% and a return on equity of 28.73%. The company had revenue of $612.94 million during the quarter, compared to analysts’ expectations of $614.74 million. On average, equities research analysts forecast 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.