Free Trial

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

Shimano logo with Consumer Discretionary background
Remove Ads

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) was the target of a large decline in short interest during 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. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 200,600 shares, the days-to-cover ratio is currently 0.1 days.

Shimano Stock Performance

Shares of OTCMKTS SMNNY traded up $0.09 during trading on Friday, reaching $14.59. The stock had a trading volume of 48,314 shares, compared to its average volume of 214,337. Shimano has a one year low of $12.55 and a one year high of $19.69. The stock has a market cap of $13.00 billion, a PE ratio of 26.05 and a beta of 0.58. The firm's 50 day moving average price is $13.70 and its two-hundred day moving average price is $14.91.

Shimano (OTCMKTS:SMNNY - Get Free Report) last issued 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

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Shimano Right Now?

Before you consider Shimano, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shimano wasn't on the list.

While Shimano currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Institutions Are Dumping These 3 Stocks—Should You?
Will Tesla’s Robot Future Save Its Falling Stock?
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads