Shimano Inc. (OTCMKTS:SMNNY) Short Interest Update

Shimano Inc. (OTCMKTS:SMNNYGet Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 149,500 shares, a growth of 358.6% from the March 31st total of 32,600 shares. Based on an average daily volume of 162,900 shares, the days-to-cover ratio is currently 0.9 days.

Shimano Price Performance

SMNNY traded up $0.01 during trading on Friday, hitting $16.13. The stock had a trading volume of 85,418 shares, compared to its average volume of 91,971. The company has a 50 day moving average price of $14.58 and a 200-day moving average price of $14.71. The firm has a market cap of $14.49 billion, a price-to-earnings ratio of 32.26 and a beta of 0.56. Shimano has a one year low of $12.85 and a one year high of $17.87.

Shimano (OTCMKTS:SMNNYGet Free Report) last released its quarterly earnings results on Tuesday, February 13th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $671.09 million during the quarter. Shimano had a return on equity of 10.13% and a net margin of 13.15%.

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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