Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Short Interest Update

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 19,943 shares, a decline of 64.3% from the August 31st total of 55,913 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 100,767 shares, the days-to-cover ratio is presently 0.2 days.

Shimano Stock Performance

SMNNY stock traded up $0.18 during midday trading on Friday, reaching $11.45. The stock had a trading volume of 34,552 shares, compared to its average volume of 52,494. The stock has a market cap of $9.91 billion, a PE ratio of 27.26 and a beta of 0.53. The firm has a fifty day simple moving average of $12.11 and a two-hundred day simple moving average of $11.04. Shimano has a 52-week low of $9.36 and a 52-week high of $13.15.

Shimano (OTCMKTS:SMNNY) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.11 EPS 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.

About Shimano

Shimano Inc is a Japanese manufacturer of cycling components and fishing equipment. The company’s bicycle business includes drivetrains, gears, brakes, pedals, wheels, shoes and related accessories for road, mountain, gravel, touring and recreational cycling.

Shimano also produces fishing tackle, including reels, rods, lines, lures, clothing and other equipment for freshwater and saltwater anglers. Its products are sold through distributors, retailers and sporting-goods channels in markets around the world.

Founded in 1921 in Sakai, Japan, as Shimano Iron Works, the company has expanded from metalworking and bicycle freewheel production into a global sporting-goods business.