Short Interest in Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Decreases By 41.2%

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 69,647 shares, a decline of 41.2% from the May 14th total of 118,385 shares. Based on an average daily trading volume, of 229,062 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Shimano Price Performance

Shares of SMNNY stock opened at $10.46 on Monday. The company has a market cap of $9.05 billion, a price-to-earnings ratio of 40.23 and a beta of 0.59. Shimano has a 52 week low of $9.36 and a 52 week high of $15.07. The firm has a 50 day moving average of $10.45 and a 200-day moving average of $10.60.

Shimano (OTCMKTS:SMNNY) last released its earnings results on Thursday, April 23rd. The company reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $749.86 million for the quarter. Shimano had a net margin of 7.67% and a return on equity of 2.85%. 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.