Short Interest in Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Rises By 62.6%

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 70,955 shares, a growth of 62.6% from the June 30th total of 43,640 shares. Based on an average daily volume of 143,531 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are short sold.

Shimano Stock Down 4.2%

OTCMKTS:SMNNY traded down $0.55 during midday trading on Friday, reaching $12.56. The stock had a trading volume of 26,320 shares, compared to its average volume of 64,623. Shimano has a 12-month low of $9.36 and a 12-month high of $13.12. The firm has a fifty day simple moving average of $10.77 and a two-hundred day simple moving average of $10.71. The stock has a market cap of $10.87 billion, a P/E ratio of 29.91 and a beta of 0.58.

Shimano (OTCMKTS:SMNNY) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.11 earnings per share (EPS) for the quarter. Shimano had a net margin of 12.18% and a return on equity of 5.24%. The company had revenue of $812.08 million during the quarter. Shimano has set its FY 2026 guidance at 0.317-0.317 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.