Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Short Interest Up 126.1% in October

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 155,300 shares, an increase of 126.1% from the September 30th total of 68,700 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 327,800 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 327,800 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s stock are short sold.

Shimano Price Performance

Shares of Shimano stock opened at $10.65 on Friday. The company has a 50-day moving average of $11.23 and a 200 day moving average of $12.70. The firm has a market cap of $9.34 billion, a price-to-earnings ratio of 28.78 and a beta of 0.57. Shimano has a 1 year low of $10.54 and a 1 year high of $15.55.

Shimano (OTCMKTS:SMNNY) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $770.46 million during the quarter. Shimano had a net margin of 10.72% and a return on equity of 5.93%.

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.