Shimano Inc. (OTCMKTS:SMNNY) Short Interest Update

Shimano Inc. (OTCMKTS:SMNNY) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 128,200 shares, a growth of 18,214.3% from the December 31st total of 700 shares. Based on an average daily volume of 463,900 shares, the days-to-cover ratio is currently 0.3 days.

Shimano Stock Performance

SMNNY traded up $0.32 during trading on Tuesday, hitting $14.43. 68,696 shares of the stock were exchanged, compared to its average volume of 210,123. The firm has a 50 day simple moving average of $13.57 and a 200 day simple moving average of $15.78. The firm has a market cap of $12.86 billion, a price-to-earnings ratio of 46.55 and a beta of 0.60. Shimano has a 1 year low of $12.55 and a 1 year high of $19.69.

Shimano (OTCMKTS:SMNNY) last posted its quarterly earnings data on Tuesday, October 29th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $793.02 million during the quarter. Shimano had a return on equity of 5.14% and a net margin of 9.65%.

Shimano Company Profile

Shimano Inc develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. It has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. Shimano Inc was founded in 1921 and is headquartered in Sakai, Japan.