Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 128,200 shares, a growth of 18,214.3% from the December 15th total of 700 shares. Based on an average trading volume of 463,900 shares, the short-interest ratio is currently 0.3 days.
Shimano Price Performance
Shares of Shimano stock traded up $0.03 during trading hours on Monday, hitting $12.78. The company had a trading volume of 301,519 shares, compared to its average volume of 192,888. The company's 50-day moving average is $13.71 and its two-hundred day moving average is $15.91. The company has a market cap of $11.39 billion, a P/E ratio of 41.21 and a beta of 0.60. Shimano has a twelve month low of $12.55 and a twelve month high of $19.69.
About Shimano
(
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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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