SMC Co. (OTCMKTS:SMCAY) Short Interest Update

SMC Co. (OTCMKTS:SMCAY) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 145,600 shares, an increase of 104.8% from the February 28th total of 71,100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,046,800 shares, the days-to-cover ratio is presently 0.1 days.

SMC Price Performance

OTCMKTS SMCAY opened at $18.68 on Friday. The stock has a market capitalization of $24.41 billion, a price-to-earnings ratio of 22.78, a PEG ratio of 16.73 and a beta of 0.80. The business’s fifty day moving average is $18.78 and its 200-day moving average is $20.18. SMC has a one year low of $17.18 and a one year high of $29.49.

SMC (OTCMKTS:SMCAY) last released its earnings results on Friday, February 14th. The company reported $0.22 earnings per share for the quarter. SMC had a net margin of 20.52% and a return on equity of 8.31%. The firm had revenue of $1.28 billion for the quarter. Research analysts expect that SMC will post 0.79 EPS for the current fiscal year.

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.