Short Interest in SMC Co. (OTCMKTS:SMCAY) Grows By 65.3%

SMC Co. (OTCMKTS:SMCAY) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 19,500 shares, a growth of 65.3% from the August 15th total of 11,800 shares. Based on an average daily volume of 286,400 shares, the short-interest ratio is presently 0.1 days.

SMC Trading Down 1.9 %

SMCAY stock traded down $0.41 on Friday, hitting $20.99. 156,268 shares of the company’s stock traded hands, compared to its average volume of 127,973. The stock has a market cap of $27.43 billion, a price-to-earnings ratio of 22.53, a P/E/G ratio of 2.49 and a beta of 0.82. SMC has a 1-year low of $19.70 and a 1-year high of $31.42. The stock has a fifty day moving average of $23.20 and a 200-day moving average of $25.56.

SMC (OTCMKTS:SMCAY) last posted its quarterly earnings data on Friday, August 9th. The company reported $0.24 earnings per share (EPS) for the quarter. SMC had a return on equity of 9.18% and a net margin of 22.38%. The firm had revenue of $1.30 billion for the quarter. On average, equities research analysts anticipate that SMC will post 1.03 earnings per share for the current fiscal year.

SMC Company Profile

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.