SMC Co. (OTCMKTS:SMCAY) Short Interest Up 65.3% in August

SMC Co. (OTCMKTS:SMCAY) was the recipient of a significant growth in short interest in 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 currently 0.1 days.

SMC Trading Down 1.9 %

SMCAY stock traded down $0.41 during midday trading on Friday, reaching $20.99. The company had a trading volume of 156,268 shares, compared to its average volume of 127,973. The company has a 50 day moving average of $23.20 and a two-hundred day moving average of $25.56. SMC has a 1 year low of $19.70 and a 1 year high of $31.42. The company has a market capitalization of $27.43 billion, a P/E ratio of 22.53, a PEG ratio of 2.49 and a beta of 0.82.

SMC (OTCMKTS:SMCAY) last announced 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 business had revenue of $1.30 billion during the quarter. On average, sell-side analysts anticipate that SMC will post 1.03 earnings per share for the current 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.