Shimano Inc. (OTCMKTS:SMNNY) Short Interest Update

Shimano Inc. (OTCMKTS:SMNNYGet Free Report) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 29,300 shares, a growth of 59.2% from the February 28th total of 18,400 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 363,100 shares, the short-interest ratio is currently 0.1 days.

Shimano Trading Down 2.3 %

Shares of OTCMKTS SMNNY traded down $0.33 during trading hours on Friday, reaching $14.24. The stock had a trading volume of 106,240 shares, compared to its average volume of 194,145. The business’s fifty day moving average price is $14.03 and its two-hundred day moving average price is $14.68. The firm has a market cap of $12.69 billion, a price-to-earnings ratio of 25.43 and a beta of 0.58. Shimano has a 52-week low of $12.55 and a 52-week high of $19.69.

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

About Shimano

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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.

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