Shimano Inc. (OTCMKTS:SMNNY) Short Interest Update

Shimano Inc. (OTCMKTS:SMNNY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 128,200 shares, an increase of 18,214.3% from the December 31st total of 700 shares. Based on an average trading volume of 463,900 shares, the short-interest ratio is presently 0.3 days.

Shimano Price Performance

Shares of OTCMKTS SMNNY traded up $0.32 during mid-day trading on Tuesday, reaching $14.43. The company’s stock had a trading volume of 68,696 shares, compared to its average volume of 210,123. The firm has a market capitalization of $12.86 billion, a PE ratio of 46.55 and a beta of 0.60. The stock has a fifty day moving average of $13.57 and a two-hundred day moving average of $15.78. Shimano has a 52 week low of $12.55 and a 52 week high of $19.69.

Shimano (OTCMKTS:SMNNY) last issued its quarterly earnings data on Tuesday, October 29th. The company reported ($0.02) earnings per share (EPS) for the quarter. Shimano had a net margin of 9.65% and a return on equity of 5.14%. The company had revenue of $793.02 million for the quarter.

About Shimano

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.