Short Interest in Suzuki Motor Co. (OTCMKTS:SZKMY) Declines By 91.5%

Suzuki Motor Co. (OTCMKTS:SZKMY - Get Free Report) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 16,600 shares, a decrease of 91.5% from the December 15th total of 196,400 shares. Based on an average daily volume of 106,700 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Macquarie raised shares of Suzuki Motor from a "hold" rating to a "strong-buy" rating in a report on Friday, November 8th.

Suzuki Motor Trading Down 5.2 %

Suzuki Motor stock traded down $2.46 during mid-day trading on Monday, hitting $44.52. The company's stock had a trading volume of 63,770 shares, compared to its average volume of 77,778. The business has a 50 day moving average price of $43.83 and a 200-day moving average price of $44.07. Suzuki Motor has a 12 month low of $34.20 and a 12 month high of $50.32. The stock has a market cap of $21.87 billion, a price-to-earnings ratio of 13.49 and a beta of 1.14. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.61 and a quick ratio of 1.22.

Suzuki Motor Company Profile

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.