Shimano Inc. (OTCMKTS:SMNNY) Short Interest Down 14.9% in February

Shimano Inc. (OTCMKTS:SMNNY) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 106,800 shares, a drop of 14.9% from the January 31st total of 125,500 shares. Based on an average daily volume of 721,800 shares, the short-interest ratio is presently 0.1 days.

Shimano Trading Down 0.9 %

Shares of SMNNY opened at $13.40 on Wednesday. The stock has a market cap of $11.94 billion, a P/E ratio of 23.92 and a beta of 0.58. The company has a 50-day moving average of $13.54 and a two-hundred day moving average of $15.15. Shimano has a 12-month low of $12.55 and a 12-month high of $19.69.

Shimano (OTCMKTS:SMNNY) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.26 EPS for the quarter. Shimano had a net margin of 16.84% and a return on equity of 9.02%.

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.