Konica Minolta, Inc. (OTCMKTS:KNCAF) Short Interest Down 20.3% in February

Konica Minolta, Inc. (OTCMKTS:KNCAF) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 3,244,000 shares, a decline of 20.3% from the February 13th total of 4,069,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 32,440.0 days.

Konica Minolta Stock Performance

Shares of KNCAF remained flat at $3.75 during trading hours on Tuesday. The company has a 50-day simple moving average of $3.79 and a 200 day simple moving average of $3.46. Konica Minolta has a 52-week low of $2.67 and a 52-week high of $4.42.

Konica Minolta Company Profile

Konica Minolta, Inc engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally. It develops, manufactures, and sells multi-functional peripherals, digital printing systems, and related consumables, as well as offers IT and printing solutions and services.