Konica Minolta, Inc. (OTCMKTS:KNCAF) Sees Significant Increase in Short Interest

Konica Minolta, Inc. (OTCMKTS:KNCAFGet Rating) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 4,728,400 shares, a growth of 19.5% from the May 15th total of 3,958,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 47,284.0 days.

Konica Minolta Stock Performance

Shares of OTCMKTS:KNCAF opened at $3.37 on Friday. Konica Minolta has a 1 year low of $3.37 and a 1 year high of $4.18. The business has a 50 day simple moving average of $3.82 and a two-hundred day simple moving average of $3.44.

Konica Minolta Company Profile

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Konica Minolta, Inc engages in the development, manufacture, and sale of multi-functional peripherals (MFPs), printers, electronic materials, and equipment for healthcare systems and industries. It operates through the following segments: Office Business, Professional Print Business, Healthcare Business, Industrial Business, and Others.

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