Short Interest in Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Declines By 45.8%
by Scott Moore · The Cerbat GemShimano Inc. Unsponsored ADR (OTCMKTS:SMNNY – Get Free Report) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 95,899 shares, a drop of 45.8% from the April 15th total of 177,068 shares. Based on an average daily volume of 398,095 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.
Shimano Stock Up 2.7%
OTCMKTS SMNNY traded up $0.29 during trading on Monday, hitting $10.96. 124,742 shares of the stock traded hands, compared to its average volume of 178,011. The company has a market capitalization of $9.48 billion, a P/E ratio of 42.16 and a beta of 0.60. The firm has a 50-day simple moving average of $10.42 and a 200-day simple moving average of $10.59. Shimano has a 12-month low of $9.36 and a 12-month high of $15.16.
Shimano (OTCMKTS:SMNNY – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.07 earnings per share for the quarter. The business had revenue of $749.86 million during the quarter. Shimano had a return on equity of 2.83% and a net margin of 7.67%.Shimano has set its FY 2026 guidance at 0.311-0.311 EPS.
Shimano Company Profile
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.