Monotaro (OTCMKTS:MONOY) Stock Short Interest Report for October

Monotaro (OTCMKTS:MONOY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 3,412 shares, a growth of 72.5% from the September 30th total of 1,978 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 80,055 shares, the days-to-cover ratio is presently 0.0 days.

Monotaro Stock Down 0.9%

Shares of OTCMKTS:MONOY opened at $13.95 on Wednesday. The firm has a fifty day moving average price of $13.11 and a two-hundred day moving average price of $12.32. The company has a market cap of $6.92 billion, a price-to-earnings ratio of 30.33 and a beta of 1.16. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.69 and a quick ratio of 2.06. Monotaro has a one year low of $10.26 and a one year high of $16.76.

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 29.68%. The firm had revenue of $612.94 million for the quarter, compared to analysts’ expectations of $614.74 million. Analysts anticipate that Monotaro will post 0.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Monotaro from a “hold” rating to a “buy” rating in a research report on Thursday, October 1st. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, the stock has an average rating of “Buy”.

Monotaro Company Profile

MonotaRO Co, Ltd. is a Japan-based business-to-business e-commerce company that sells maintenance, repair and operations (MRO) supplies. Its online marketplace serves businesses, government organizations and professional users seeking products for workplaces, factories, construction sites, vehicle maintenance and other commercial applications.

The company offers a broad range of products, including tools, safety equipment, industrial components, automotive maintenance supplies, office and packaging products, cleaning materials, and construction-related goods.