Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Short Interest Down 41.2% in May

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 69,647 shares, a drop of 41.2% from the May 14th total of 118,385 shares. Based on an average daily volume of 229,062 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Shimano Stock Performance

Shares of SMNNY stock opened at $10.46 on Monday. The firm has a market capitalization of $9.05 billion, a PE ratio of 40.23 and a beta of 0.59. The firm has a fifty day simple moving average of $10.45 and a two-hundred day simple moving average of $10.60. Shimano has a 12 month low of $9.36 and a 12 month high of $15.07.

Shimano (OTCMKTS:SMNNY) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $749.86 million during the quarter. Shimano had a return on equity of 2.85% and a net margin of 7.67%.Shimano has set its FY 2026 guidance at 0.311-0.311 EPS.

About Shimano

Shimano Inc, traded over-the-counter under the symbol SMNNY, is a Japan-based manufacturer best known for its high-performance cycling components and fishing tackle. Headquartered in Sakai, Osaka, the company operates two primary business segments: bicycle parts and fishing equipment. Within the cycling segment, Shimano produces an extensive range of drivetrains, derailleurs, shifters, brake systems, wheelsets and pedals for road, mountain and urban bicycles, catering to both professional athletes and recreational riders.