Shimano Inc. (OTCMKTS:SMNNY) Sees Large Decline in Short Interest

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 100,600 shares, a decrease of 21.5% from the December 31st total of 128,200 shares. Based on an average daily volume of 379,800 shares, the short-interest ratio is presently 0.3 days.

Shimano Stock Down 2.3 %

Shimano stock traded down $0.33 during mid-day trading on Monday, hitting $13.99. The company's stock had a trading volume of 124,007 shares, compared to its average volume of 178,974. The stock has a market capitalization of $12.47 billion, a P/E ratio of 45.13 and a beta of 0.60. Shimano has a twelve month low of $12.55 and a twelve month high of $19.69. The stock's fifty day moving average price is $13.63 and its two-hundred day moving average price is $15.74.

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.