Monotaro (OTCMKTS:MONOY) Sees Large Decline in Short Interest

Monotaro (OTCMKTS:MONOY) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 5,837 shares, a decrease of 61.9% from the July 15th total of 15,324 shares. Based on an average daily trading volume, of 128,480 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Monotaro Stock Up 0.1%

OTCMKTS MONOY traded up $0.01 during trading on Friday, reaching $11.65. The company’s stock had a trading volume of 24,582 shares, compared to its average volume of 56,963. The company has a current ratio of 2.30, a quick ratio of 1.88 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $5.78 billion, a PE ratio of 25.33 and a beta of 1.09. Monotaro has a 1-year low of $10.26 and a 1-year high of $19.29. The business has a 50-day moving average price of $11.66 and a 200-day moving average price of $11.99.

Monotaro (OTCMKTS:MONOY) last released its quarterly earnings results 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 business had revenue of $612.94 million for the quarter, compared to the consensus estimate of $614.74 million. On average, research analysts forecast that Monotaro will post 0.48 earnings per share for the current fiscal year.

About Monotaro

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.