Short Interest in Shimano Inc. (OTCMKTS:SMNNY) Declines By 14.1%

Shimano Inc. (OTCMKTS:SMNNYGet Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 17,100 shares, a drop of 14.1% from the August 31st total of 19,900 shares. Based on an average trading volume of 67,100 shares, the days-to-cover ratio is presently 0.3 days.

Shimano Price Performance

OTCMKTS SMNNY opened at $18.63 on Monday. The company has a market cap of $16.73 billion, a PE ratio of 36.53 and a beta of 0.59. The stock’s 50 day simple moving average is $18.09 and its 200-day simple moving average is $16.61. Shimano has a 1-year low of $13.01 and a 1-year high of $19.69.

Shimano (OTCMKTS:SMNNYGet Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $0.14 EPS for the quarter. Shimano had a return on equity of 8.74% and a net margin of 12.62%. The firm had revenue of $746.22 million for the quarter.

Shimano Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Shimano Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shimano and related companies with MarketBeat.com's FREE daily email newsletter.