Shimano Inc. (OTCMKTS:SMNNY) Short Interest Down 50.9% in April

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 73,400 shares, a drop of 50.9% from the April 15th total of 149,500 shares. Based on an average daily volume of 207,000 shares, the short-interest ratio is presently 0.4 days.

Shimano Trading Up 0.2 %

Shares of Shimano stock traded up $0.04 during trading hours on Friday, reaching $16.48. 37,326 shares of the company's stock were exchanged, compared to its average volume of 90,562. The company has a 50 day moving average of $15.19 and a two-hundred day moving average of $14.91. Shimano has a fifty-two week low of $12.85 and a fifty-two week high of $17.87. The stock has a market cap of $14.80 billion, a P/E ratio of 32.31 and a beta of 0.54.

Shimano (OTCMKTS:SMNNY - Get Free Report) last issued its earnings results on Tuesday, February 13th. The company reported $0.03 EPS for the quarter. Shimano had a return on equity of 10.20% and a net margin of 14.53%. The company had revenue of $671.09 million during the quarter.

Shimano Company Profile

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.