SMC Co. (OTCMKTS:SMCAY) Short Interest Update

SMC Co. (OTCMKTS:SMCAY) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 83,100 shares, a drop of 79.8% from the October 31st total of 412,400 shares. Based on an average daily volume of 432,400 shares, the short-interest ratio is currently 0.2 days.

SMC Stock Performance

Shares of SMCAY traded down $0.42 during midday trading on Wednesday, hitting $21.24. 141,314 shares of the stock were exchanged, compared to its average volume of 174,634. SMC has a 52-week low of $19.63 and a 52-week high of $31.42. The stock has a fifty day simple moving average of $21.70 and a 200 day simple moving average of $23.11. The firm has a market cap of $27.76 billion, a P/E ratio of 25.90, a P/E/G ratio of 4.94 and a beta of 0.82.

About SMC

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.