Shimano Inc. (OTCMKTS:SMNNY) Short Interest Update

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

Shimano Stock Performance

Shares of OTCMKTS:SMNNY opened at $18.63 on Friday. Shimano has a 1-year low of $13.01 and a 1-year high of $19.69. The company has a 50 day moving average price of $18.09 and a 200 day moving average price of $16.59. The stock has a market capitalization of $16.73 billion, a price-to-earnings ratio of 36.53 and a beta of 0.59.

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

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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