Short Interest in Konica Minolta, Inc. (OTCMKTS:KNCAF) Increases By 117.7%

Konica Minolta, Inc. (OTCMKTS:KNCAFGet Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,782,807 shares, an increase of 117.7% from the August 15th total of 818,929 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Konica Minolta Price Performance

OTCMKTS:KNCAF remained flat at $3.54 during trading hours on Monday. Konica Minolta has a 52 week low of $3.05 and a 52 week high of $4.00. The business has a fifty day simple moving average of $3.54 and a 200 day simple moving average of $3.56.

About Konica Minolta

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Konica Minolta, Inc is a Tokyo‐based technology company formed in 2003 through the merger of Konica, founded in 1873, and Minolta, established in 1928. The company has evolved from its photographic origins into a diversified provider of imaging, optical and digital transformation solutions. Headquartered in Marunouchi, Tokyo, Konica Minolta maintains a long history of innovation in imaging science and precision optics.

The company’s core business is organized into multiple segments, including the Workplace Hub and Production Print divisions.

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