Short Interest in Suzuki Motor Co. (OTCMKTS:SZKMY) Rises By 1,116.7%

Suzuki Motor Co. (OTCMKTS:SZKMY) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 29,200 shares, a growth of 1,116.7% from the October 15th total of 2,400 shares. Based on an average trading volume of 96,400 shares, the days-to-cover ratio is currently 0.3 days.

Suzuki Motor Stock Performance

SZKMY stock traded down $1.17 during midday trading on Thursday, reaching $40.82. 29,878 shares of the company were exchanged, compared to its average volume of 28,059. The business has a 50-day moving average price of $42.29 and a two-hundred day moving average price of $44.80. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.61 and a quick ratio of 1.21. The firm has a market capitalization of $20.05 billion, a price-to-earnings ratio of 12.38 and a beta of 1.14. Suzuki Motor has a one year low of $34.20 and a one year high of $50.32.

Analyst Upgrades and Downgrades

Separately, Macquarie raised Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th.

Suzuki Motor Company Profile

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.