Canon, Inc. (OTCMKTS:CAJPY) Short Interest Update

Canon, Inc. (OTCMKTS:CAJPY) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 130,560 shares, a decline of 18.5% from the December 15th total of 160,201 shares. Based on an average trading volume of 109,007 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 109,007 shares, the short-interest ratio is presently 1.2 days.

Canon Price Performance

CAJPY stock opened at $29.89 on Monday. Canon has a fifty-two week low of $26.25 and a fifty-two week high of $34.69. The firm has a 50-day moving average price of $29.67. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.91 and a current ratio of 1.38.

Canon (OTCMKTS:CAJPY) last released its quarterly earnings results on Monday, October 27th. The company reported $0.48 earnings per share (EPS) for the quarter. Canon had a return on equity of 4.69% and a net margin of 3.59%.The business had revenue of $7.49 billion during the quarter, compared to the consensus estimate of $7.37 billion.

Canon Company Profile

Canon Inc is a multinational corporation headquartered in Tokyo, Japan, renowned for its imaging and optical products. The company’s core businesses encompass the design, manufacturing, and sale of a broad range of products, including digital cameras, interchangeable lenses, printers, scanners, photocopiers, and multifunction office equipment. Canon also offers medical, industrial, and semiconductor lithography systems, supporting sectors such as healthcare, manufacturing, and electronics.

Founded in 1937 as Precision Optical Instruments Laboratory, Canon initially focused on the development of Japan’s first 35mm focal-plane-shutter camera.