Short Interest in Suzuki Motor Co. (OTCMKTS:SZKMY) Grows By 877.1%

Suzuki Motor Co. (OTCMKTS:SZKMY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 196,400 shares, an increase of 877.1% from the November 30th total of 20,100 shares. Based on an average daily trading volume, of 509,200 shares, the days-to-cover ratio is presently 0.4 days.

Suzuki Motor Trading Down 0.5 %

Suzuki Motor stock traded down $0.23 during trading hours on Thursday, hitting $44.57. The stock had a trading volume of 41,916 shares, compared to its average volume of 41,662. The business’s 50 day simple moving average is $42.41 and its 200-day simple moving average is $44.17. The stock has a market cap of $21.89 billion, a price-to-earnings ratio of 13.04 and a beta of 1.16. Suzuki Motor has a one year low of $34.20 and a one year high of $50.32. The company has a quick ratio of 1.22, a current ratio of 1.61 and a debt-to-equity ratio of 0.16.

Wall Street Analyst Weigh In

Separately, Macquarie raised shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th.

Suzuki Motor Company Profile

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.