Short Interest in Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Grows By 61.1%

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the recipient of a significant increase in short interest in 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. Based on an average daily volume of 104,405 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are short sold.

Shimano Trading Up 0.3%

Shares of SMNNY traded up $0.04 during midday trading on Monday, hitting $12.43. 65,566 shares of the company’s stock traded hands, compared to its average volume of 138,026. The stock has a market capitalization of $10.75 billion, a price-to-earnings ratio of 29.59 and a beta of 0.55. Shimano has a 1 year low of $9.36 and a 1 year high of $13.15. The firm’s fifty day moving average is $11.68 and its 200-day moving average is $10.91.

Shimano (OTCMKTS:SMNNY) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.11 earnings per share for the quarter. Shimano had a net margin of 12.18% and a return on equity of 5.28%. The firm 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, 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.