Shimano Inc. (OTCMKTS:SMNNY) Short Interest Up 358.6% in April

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) was the recipient of a significant growth in short interest during 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 trading volume of 162,900 shares, the short-interest ratio is currently 0.9 days.

Shimano Stock Down 0.7 %

SMNNY stock traded down $0.12 during midday trading on Friday, reaching $16.01. The company had a trading volume of 42,415 shares, compared to its average volume of 96,296. The firm has a market capitalization of $14.38 billion, a PE ratio of 32.02 and a beta of 0.56. The stock has a 50 day moving average price of $14.63 and a 200 day moving average price of $14.72. Shimano has a fifty-two week low of $12.85 and a fifty-two week high of $17.87.

Shimano (OTCMKTS:SMNNY - Get Free Report) last released its quarterly earnings data 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

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.