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

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

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.