Short Interest in Monotaro (OTCMKTS:MONOY) Increases By 4,734.1%

Monotaro (OTCMKTS:MONOY) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 15,324 shares, an increase of 4,734.1% from the June 30th total of 317 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 138,298 shares, the days-to-cover ratio is currently 0.1 days.

Monotaro Stock Performance

OTCMKTS MONOY traded up $0.09 on Friday, hitting $11.38. 38,000 shares of the stock traded hands, compared to its average volume of 147,933. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 2.30. The firm has a market capitalization of $5.65 billion, a price-to-earnings ratio of 25.29 and a beta of 1.10. Monotaro has a 12 month low of $10.26 and a 12 month high of $19.29. The business’s fifty day moving average is $11.61 and its two-hundred day moving average is $12.27.

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.