Shimano Inc. (OTCMKTS:SMNNY) Short Interest Down 14.9% in February

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 106,800 shares, a drop of 14.9% from the January 31st total of 125,500 shares. Based on an average daily volume of 721,800 shares, the days-to-cover ratio is currently 0.1 days.

Shimano Stock Performance

SMNNY traded up $0.22 during trading on Friday, hitting $14.27. 965,833 shares of the stock were exchanged, compared to its average volume of 232,769. The firm has a market cap of $12.72 billion, a price-to-earnings ratio of 25.48 and a beta of 0.58. The firm has a 50 day simple moving average of $13.58 and a 200 day simple moving average of $15.07. Shimano has a 1 year low of $12.55 and a 1 year high of $19.69.

Shimano (OTCMKTS:SMNNY - Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported $0.26 earnings per share (EPS) for the quarter. Shimano had a return on equity of 9.02% and a net margin of 16.84%.

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.