Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Short Interest Update

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 19,943 shares, a drop of 64.3% from the August 31st total of 55,913 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 100,767 shares, the days-to-cover ratio is currently 0.2 days.

Shimano Stock Performance

OTCMKTS:SMNNY traded up $0.18 during mid-day trading on Friday, hitting $11.45. 34,552 shares of the company’s stock traded hands, compared to its average volume of 52,494. The company has a fifty day moving average of $12.11 and a 200 day moving average of $11.04. Shimano has a twelve month low of $9.36 and a twelve month high of $13.15. The company has a market capitalization of $9.91 billion, a P/E ratio of 27.26 and a beta of 0.53.

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

Shimano Company Profile

Shimano Inc is a Japanese manufacturer of cycling components and fishing equipment. The company’s bicycle business includes drivetrains, gears, brakes, pedals, wheels, shoes and related accessories for road, mountain, gravel, touring and recreational cycling.

Shimano also produces fishing tackle, including reels, rods, lines, lures, clothing and other equipment for freshwater and saltwater anglers. Its products are sold through distributors, retailers and sporting-goods channels in markets around the world.

Founded in 1921 in Sakai, Japan, as Shimano Iron Works, the company has expanded from metalworking and bicycle freewheel production into a global sporting-goods business.