Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Short Interest Update

Key Points

• Shimano Inc. experienced a significant drop in short interest, decreasing by 98.2% in August, with only 1,800 shares short as of August 15th compared to 99,200 shares at the end of July.
• The company's stock price rose by $0.26 during trading, reaching $11.34, with a market capitalization of $9.95 billion.
• In its latest earnings report, Shimano posted an earnings per share (EPS) of ($0.05), with revenues of $857.43 million and set its FY 2025 guidance at 2.410 EPS.

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report) saw a large decline in short interest in the month of August. As of August 15th, there was short interest totaling 1,800 shares, adeclineof98.2% from the July 31st total of 99,200 shares. Based on an average trading volume of 444,300 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 444,300 shares, the days-to-cover ratio is presently 0.0 days.

Shimano Price Performance

Shimano stock traded up $0.06 during trading hours on Friday, hitting $11.38. The company had a trading volume of 79,859 shares, compared to its average volume of 196,506. The firm has a market cap of $9.98 billion, a PE ratio of 43.77 and a beta of 0.58. Shimano has a one year low of $10.60 and a one year high of $18.94. The firm has a 50-day moving average of $12.42 and a 200 day moving average of $13.51.

Shimano (OTCMKTS:SMNNY - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $857.43 million for the quarter. Shimano had a return on equity of 4.23% and a net margin of 7.53%. Shimano has set its FY 2025 guidance at 2.410-2.410 EPS.

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.