Short Interest in Shimano Inc. (OTCMKTS:SMNNY) Decreases By 82.8%

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 18,400 shares, a decline of 82.8% from the February 13th total of 106,800 shares. Based on an average daily volume of 200,600 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Shimano Stock Performance

Shares of Shimano stock traded up $0.09 during trading on Friday, hitting $14.59. 48,314 shares of the stock were exchanged, compared to its average volume of 214,337. Shimano has a 12 month low of $12.55 and a 12 month high of $19.69. The stock's fifty day moving average is $13.70 and its 200 day moving average is $14.94. The stock has a market cap of $13.00 billion, a PE ratio of 26.05 and a beta of 0.58.

Shimano (OTCMKTS:SMNNY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.26 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.