Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Short Interest Up 61.1% in August

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 63,435 shares, a growth of 61.1% from the July 30th total of 39,375 shares. Based on an average trading volume of 104,405 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are sold short.

Shimano Stock Up 0.3%

Shares of SMNNY opened at $12.43 on Tuesday. The stock has a 50 day moving average price of $11.72 and a 200 day moving average price of $10.92. The company has a market capitalization of $10.75 billion, a price-to-earnings ratio of 29.59 and a beta of 0.55. Shimano has a 52-week low of $9.36 and a 52-week high of $13.15.

Shimano (OTCMKTS:SMNNY) last announced its earnings results on Tuesday, July 28th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $812.08 million during the quarter. Shimano had a return on equity of 5.28% and a net margin of 12.18%.Shimano has set its FY 2026 guidance at 0.317-0.317 EPS.

About Shimano

Shimano Inc, traded over-the-counter under the symbol SMNNY, is a Japan-based manufacturer best known for its high-performance cycling components and fishing tackle. Headquartered in Sakai, Osaka, the company operates two primary business segments: bicycle parts and fishing equipment. Within the cycling segment, Shimano produces an extensive range of drivetrains, derailleurs, shifters, brake systems, wheelsets and pedals for road, mountain and urban bicycles, catering to both professional athletes and recreational riders.