Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Sees Large Decline in Short Interest

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 39,375 shares, a decrease of 44.5% from the July 15th total of 70,955 shares. Based on an average trading volume of 115,756 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Shimano Price Performance

SMNNY stock traded down $0.38 during mid-day trading on Monday, reaching $12.23. The company had a trading volume of 11,433 shares, compared to its average volume of 143,097. The company has a market capitalization of $10.58 billion, a price-to-earnings ratio of 29.12 and a beta of 0.55. Shimano has a 52 week low of $9.36 and a 52 week high of $13.12. The stock has a 50 day simple moving average of $11.23 and a two-hundred day simple moving average of $10.84.

Shimano (OTCMKTS:SMNNY) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.11 earnings per share (EPS) for the quarter. Shimano had a return on equity of 5.24% and a net margin of 12.18%.The company had revenue of $812.08 million for the quarter. 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.