SMC Co. (OTCMKTS:SMCAY) Short Interest Down 63.8% in February

SMC Co. (OTCMKTS:SMCAY) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 71,100 shares, a decline of 63.8% from the February 13th total of 196,200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,158,600 shares, the short-interest ratio is currently 0.1 days.

SMC Stock Performance

Shares of OTCMKTS SMCAY opened at $19.19 on Friday. The company has a market capitalization of $25.08 billion, a P/E ratio of 23.40, a price-to-earnings-growth ratio of 16.73 and a beta of 0.80. SMC has a 52-week low of $17.18 and a 52-week high of $30.58. The company’s 50 day moving average price is $18.72 and its 200-day moving average price is $20.39.

SMC (OTCMKTS:SMCAY) last issued its quarterly earnings results on Friday, February 14th. The company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $1.28 billion for the quarter. SMC had a net margin of 20.52% and a return on equity of 8.31%. Analysts forecast that SMC will post 0.79 earnings per share for the current year.

SMC Company Profile

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.