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

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

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.