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

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

Konica Minolta Price Performance

KNCAF stock opened at $3.80 on Wednesday. The company has a fifty day moving average price of $3.87 and a 200-day moving average price of $3.31. Konica Minolta has a 52-week low of $2.67 and a 52-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.