Free Trial

Short Interest in Shimano Inc. (OTCMKTS:SMNNY) Declines By 91.6%

Shimano logo with Consumer Discretionary background

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 6,400 shares, a decrease of 91.6% from the March 31st total of 75,800 shares. Based on an average trading volume of 1,396,400 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Shimano Stock Down 0.6 %

Shares of Shimano stock traded down $0.08 on Thursday, hitting $13.93. 73,618 shares of the company were exchanged, compared to its average volume of 292,234. Shimano has a 1-year low of $12.55 and a 1-year high of $19.69. The stock has a market capitalization of $12.41 billion, a price-to-earnings ratio of 24.88 and a beta of 0.64. The company has a 50-day moving average price of $14.18 and a 200 day moving average price of $14.06.

Shimano (OTCMKTS:SMNNY - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.07 earnings per share for the quarter. Shimano had a return on equity of 9.02% and a net margin of 16.84%. The business had revenue of $744.70 million during the quarter.

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.

Recommended Stories

Should You Invest $1,000 in Shimano Right Now?

Before you consider Shimano, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shimano wasn't on the list.

While Shimano currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

ACT FAST! Congress Is POURING Into This Stock
The Hottest AI Stock You Haven’t Bought Yet
This $13 Trillion Energy Breakthrough Will Make Millionaires

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines