Short Interest in Shimano Inc. (OTCMKTS:SMNNY) Expands By 59.2%

Shimano Inc. (OTCMKTS:SMNNYGet Free Report) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 29,300 shares, a growth of 59.2% from the February 28th total of 18,400 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 363,100 shares, the short-interest ratio is currently 0.1 days.

Shimano Trading Down 2.3 %

OTCMKTS SMNNY opened at $14.24 on Friday. The stock has a market cap of $12.69 billion, a P/E ratio of 25.43 and a beta of 0.58. The company’s fifty day simple moving average is $14.03 and its 200-day simple moving average is $14.66. Shimano has a 52 week low of $12.55 and a 52 week high of $19.69.

Shimano (OTCMKTS:SMNNYGet Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.26 EPS for the quarter. Shimano had a net margin of 16.84% and a return on equity of 9.02%.

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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