Suzuki Motor Co. (OTCMKTS:SZKMY) Short Interest Down 45.5% in November

Suzuki Motor Co. (OTCMKTS:SZKMY) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 15,900 shares, a decline of 45.5% from the October 31st total of 29,200 shares. Based on an average daily trading volume, of 91,000 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Macquarie raised shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th.

Suzuki Motor Trading Up 2.8 %

Shares of Suzuki Motor stock traded up $1.14 during trading on Friday, reaching $42.46. The company’s stock had a trading volume of 15,435 shares, compared to its average volume of 29,278. Suzuki Motor has a 52-week low of $34.20 and a 52-week high of $50.32. The company has a market cap of $20.85 billion, a price-to-earnings ratio of 11.87 and a beta of 1.14. The firm’s 50-day moving average is $41.98 and its two-hundred day moving average is $44.47. The company has a quick ratio of 1.21, a current ratio of 1.61 and a debt-to-equity ratio of 0.16.

About Suzuki Motor

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.