Shimano Inc. (OTCMKTS:SMNNY) Short Interest Update

Shimano Inc. (OTCMKTS:SMNNYGet Free Report) saw a significant decline in short interest in September. As of September 15th, there was short interest totalling 17,100 shares, a decline of 14.1% from the August 31st total of 19,900 shares. Based on an average daily volume of 67,100 shares, the days-to-cover ratio is currently 0.3 days.

Shimano Trading Up 0.1 %

SMNNY opened at $18.63 on Friday. The stock has a market capitalization of $16.73 billion, a P/E ratio of 36.53 and a beta of 0.59. The stock has a 50-day moving average price of $18.09 and a 200-day moving average price of $16.58. Shimano has a 12-month low of $13.01 and a 12-month high of $19.69.

Shimano (OTCMKTS:SMNNYGet Free Report) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $746.22 million during the quarter. Shimano had a net margin of 12.62% and a return on equity of 8.74%.

Shimano Company Profile

(Get Free Report)

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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