Shimano Inc. (OTCMKTS:SMNNY) Short Interest Down 91.6% in April

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 6,400 shares, a decline of 91.6% from the March 31st total of 75,800 shares. Based on an average daily volume of 1,396,400 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's stock are sold short.

Shimano Price Performance

Shares of SMNNY stock traded up $0.38 on Friday, reaching $13.93. 138,936 shares of the company were exchanged, compared to its average volume of 294,591. The company has a 50-day moving average of $14.15 and a 200-day moving average of $14.11. The company has a market cap of $12.41 billion, a price-to-earnings ratio of 24.88 and a beta of 0.64. Shimano has a one year low of $12.55 and a one year high of $19.69.

Shimano (OTCMKTS:SMNNY - Get Free Report) last issued its earnings results 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 company had revenue of $744.70 million for the quarter.

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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