Shimano Inc. (OTCMKTS:SMNNY) Short Interest Down 84.1% in June

Shimano Inc. (OTCMKTS:SMNNYGet Free Report) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 2,800 shares, a decrease of 84.1% from the May 31st total of 17,600 shares. Based on an average trading volume of 66,600 shares, the short-interest ratio is currently 0.0 days.

Shimano Trading Down 0.1 %

OTCMKTS SMNNY traded down $0.02 during trading hours on Thursday, reaching $15.48. 43,875 shares of the company’s stock were exchanged, compared to its average volume of 76,769. The stock has a market cap of $13.90 billion, a PE ratio of 30.35 and a beta of 0.58. The firm has a fifty day moving average of $16.33 and a 200-day moving average of $15.24. Shimano has a one year low of $12.85 and a one year high of $17.87.

Shimano (OTCMKTS:SMNNYGet Free Report) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $0.18 EPS for the quarter. The firm had revenue of $677.15 million for the quarter. Shimano had a return on equity of 10.20% and a net margin of 14.53%.

About Shimano

(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.

Further Reading

Receive News & Ratings for Shimano Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shimano and related companies with MarketBeat.com's FREE daily email newsletter.