Short Interest in Konica Minolta, Inc. (OTCMKTS:KNCAF) Declines By 7.9%

Konica Minolta, Inc. (OTCMKTS:KNCAF) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 3,676,000 shares, a decline of 7.9% from the January 15th total of 3,990,400 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 4,595.0 days.

Konica Minolta Stock Performance

Shares of Konica Minolta stock opened at $3.80 on Wednesday. The stock’s 50-day moving average is $3.87 and its 200 day moving average is $3.31. Konica Minolta has a one year low of $2.67 and a one year 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.