SMC Co. (OTCMKTS:SMCAY) Short Interest Down 63.8% in February

SMC Co. (OTCMKTS:SMCAY) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 71,100 shares, a decline of 63.8% from the February 13th total of 196,200 shares. Based on an average trading volume of 1,158,600 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

SMC Stock Up 0.4 %

SMC stock opened at $19.19 on Friday. SMC has a 12-month low of $17.18 and a 12-month high of $30.58. The firm’s fifty day moving average is $18.72 and its 200 day moving average is $20.39. The company has a market capitalization of $25.08 billion, a PE ratio of 23.40, a PEG ratio of 16.73 and a beta of 0.80.

SMC (OTCMKTS:SMCAY) last released its earnings results on Friday, February 14th. The company reported $0.22 earnings per share (EPS) for the quarter. SMC had a net margin of 20.52% and a return on equity of 8.31%. The company had revenue of $1.28 billion for the quarter. Sell-side 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.