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

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 63,435 shares, an increase of 61.1% from the July 30th total of 39,375 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 104,405 shares, the days-to-cover ratio is currently 0.6 days.

Shimano Stock Down 1.3%

SMNNY opened at $12.27 on Wednesday. The firm has a market cap of $10.62 billion, a price-to-earnings ratio of 29.21 and a beta of 0.55. Shimano has a 52 week low of $9.36 and a 52 week high of $13.15. The business’s 50 day moving average is $11.75 and its two-hundred day moving average is $10.92.

Shimano (OTCMKTS:SMNNY) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.11 earnings per share for the quarter. The company 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.

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.