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

Konica Minolta, Inc. (OTCMKTS:KNCAF) was the recipient of a large decline in short interest during 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 Price Performance

Shares of Konica Minolta stock opened at $3.75 on Monday. The firm has a 50 day simple moving average of $3.79 and a 200 day simple moving average of $3.46. Konica Minolta has a fifty-two week low of $2.67 and a fifty-two week high of $4.42.

About Konica Minolta

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.