Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Sees Significant Drop in Short Interest

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 95,899 shares, a drop of 45.8% from the April 15th total of 177,068 shares. Based on an average daily trading volume, of 398,095 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Shimano Stock Performance

Shares of SMNNY stock traded up $0.17 during mid-day trading on Friday, reaching $10.67. 350,088 shares of the company were exchanged, compared to its average volume of 206,369. Shimano has a fifty-two week low of $9.36 and a fifty-two week high of $15.16. The company has a market capitalization of $9.23 billion, a P/E ratio of 41.04 and a beta of 0.60. The business’s 50 day simple moving average is $10.42 and its 200 day simple moving average is $10.60.

Shimano (OTCMKTS:SMNNY) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.07 earnings per share for the quarter. Shimano had a net margin of 7.67% and a return on equity of 2.83%. The business had revenue of $749.86 million during the quarter. Shimano has set its FY 2026 guidance at 0.311-0.311 EPS.

Shimano Company Profile

Shimano Inc, traded over-the-counter under the symbol SMNNY, is a Japan-based manufacturer best known for its high-performance cycling components and fishing tackle. Headquartered in Sakai, Osaka, the company operates two primary business segments: bicycle parts and fishing equipment. Within the cycling segment, Shimano produces an extensive range of drivetrains, derailleurs, shifters, brake systems, wheelsets and pedals for road, mountain and urban bicycles, catering to both professional athletes and recreational riders.