Canon Inc. ( NYSE:CAJ – Get Rating ) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 1,060,000 shares, a drop of 10.9% from the January 31st total of 1,190,000 shares. Based on an average daily trading volume, of 428,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.1% of the company's stock are sold short. Canon Stock Performance The firm has a market capitalization of $22.62 billion, a P/E ratio of 11.
https://www.dailypolitical.com/2023/03/07/short-interest-in-canon-inc-nysecaj-declines-by-10-9.html#dailypolitical