Free Trial

Short Interest in Shimano Inc. (OTCMKTS:SMNNY) Expands By 24.8%

Shimano logo with Consumer Discretionary background

Shimano Inc. (OTCMKTS:SMNNY - Get Free Report) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 125,500 shares, a growth of 24.8% from the January 15th total of 100,600 shares. Based on an average daily volume of 376,100 shares, the short-interest ratio is presently 0.3 days.

Shimano Stock Performance

Shares of SMNNY stock traded up $0.03 on Wednesday, hitting $13.47. The stock had a trading volume of 224,650 shares, compared to its average volume of 248,877. Shimano has a 52-week low of $12.55 and a 52-week high of $19.69. The firm has a market capitalization of $12.00 billion, a price-to-earnings ratio of 24.05 and a beta of 0.60. The stock's 50 day moving average is $13.54 and its 200-day moving average is $15.47.

Shimano (OTCMKTS:SMNNY - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.26 EPS for the quarter. Shimano had a net margin of 16.84% and a return on equity of 9.02%.

About Shimano

(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

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?

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

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines