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Short Interest in Shimano Inc. (OTCMKTS:SMNNY) Decreases By 84.1%

Shimano logo with Consumer Discretionary background

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) saw a large decline in short interest in December. As of December 15th, there was short interest totalling 700 shares, a decline of 84.1% from the November 30th total of 4,400 shares. Based on an average daily trading volume, of 348,300 shares, the days-to-cover ratio is currently 0.0 days.

Shimano Stock Up 1.4 %

SMNNY stock traded up $0.19 during trading on Thursday, reaching $13.60. The company's stock had a trading volume of 124,600 shares, compared to its average volume of 81,243. The company's fifty day moving average is $14.20 and its 200-day moving average is $16.15. Shimano has a 1 year low of $13.01 and a 1 year high of $19.69. The company has a market capitalization of $12.16 billion, a P/E ratio of 43.87 and a beta of 0.60.

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.

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