Shimano Inc. (OTCMKTS:SMNNY) Short Interest Update

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

Shimano Price Performance

Shares of OTCMKTS:SMNNY traded up $0.01 during midday trading on Friday, reaching $16.13. The company had a trading volume of 85,418 shares, compared to its average volume of 91,971. The stock’s fifty day moving average price is $14.58 and its 200-day moving average price is $14.71. The stock has a market capitalization of $14.49 billion, a P/E 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 data on Tuesday, February 13th. The company reported $0.03 EPS for the quarter. Shimano had a net margin of 13.15% and a return on equity of 10.13%. The firm had revenue of $671.09 million during the quarter.

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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