Short Interest in Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Rises By 112.9%

Key Points

• Short interest in Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) surged by 112.9%, reaching 99,200 shares as of July 31st, up from 46,600 shares on July 15th.
• The company's most recent quarterly earnings report showed a loss of ($0.05) per share and revenue of $857.43 million.
• Shimano's stock has a market capitalization of $9.98 billion with a price-to-earnings ratio of 43.77 and is currently trading at $11.38.

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY - Get Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 99,200 shares, agrowthof112.9% from the July 15th total of 46,600 shares. Approximately0.0% of the shares of the company are short sold. Based on an average daily volume of 284,600 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 284,600 shares, the short-interest ratio is currently 0.3 days. Approximately0.0% of the shares of the company are short sold.

Shimano Trading Up 0.5%

SMNNY stock opened at $11.38 on Friday. Shimano has a 1-year low of $10.60 and a 1-year high of $19.69. The firm has a market cap of $9.98 billion, a P/E ratio of 43.77 and a beta of 0.56. The business's 50 day moving average is $13.34 and its 200-day moving average is $13.77.

Shimano (OTCMKTS:SMNNY - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company 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 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.

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