Shimano Inc. (OTCMKTS:SMNNY) Short Interest Down 84.1% in June

Shimano Inc. (OTCMKTS:SMNNY) was the target of a large drop in short interest in June. As of June 15th, there was short interest totalling 2,800 shares, a drop of 84.1% from the May 31st total of 17,600 shares. Based on an average trading volume of 66,600 shares, the days-to-cover ratio is presently 0.0 days.

Shimano Trading Down 0.1 %

OTCMKTS SMNNY traded down $0.02 during trading hours on Thursday, hitting $15.48. The company’s stock had a trading volume of 43,875 shares, compared to its average volume of 76,769. Shimano has a 52 week low of $12.85 and a 52 week high of $17.87. The company has a market capitalization of $13.90 billion, a PE ratio of 30.35 and a beta of 0.58. The company’s 50-day simple moving average is $16.33 and its two-hundred day simple moving average is $15.24.

Shimano (OTCMKTS:SMNNY) last posted its earnings results on Tuesday, April 23rd. The company reported $0.18 EPS for the quarter. Shimano had a net margin of 14.53% and a return on equity of 10.20%. The firm had revenue of $677.15 million for the quarter.

Shimano Company Profile

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.