Suzuki Motor (OTCMKTS:SZKMY) Shares Shorted: Short Interest Up 200.8% in October

Suzuki Motor (OTCMKTS:SZKMY) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 50,260 shares, an increase of 200.8% from the September 30th total of 16,709 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 172,068 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on SZKMY shares. Zacks Research upgraded shares of Suzuki Motor from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 20th. Citigroup upgraded shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Suzuki Motor Stock Up 0.4%

Shares of OTCMKTS:SZKMY opened at $53.03 on Thursday. The firm has a market capitalization of $25.58 billion, a PE ratio of 7.62 and a beta of 0.58. Suzuki Motor has a 1 year low of $41.10 and a 1 year high of $64.94. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.81 and a quick ratio of 1.36. The firm’s 50-day moving average is $52.19 and its two-hundred day moving average is $51.09.

Suzuki Motor (OTCMKTS:SZKMY) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.39 EPS for the quarter, topping the consensus estimate of $1.61 by $0.78. The business had revenue of $10.82 billion during the quarter, compared to the consensus estimate of $9.96 billion. Suzuki Motor had a net margin of 7.85% and a return on equity of 12.49%. Suzuki Motor has set its FY 2026 guidance at 5.464-5.464 EPS. Analysts predict that Suzuki Motor will post 7.23 EPS for the current year.

Suzuki Motor Company Profile

Suzuki Motor Corporation is a Japan-based manufacturer of automobiles, motorcycles and marine products. Its automotive lineup includes compact cars, kei cars, sport utility vehicles and commercial vehicles, while its motorcycle business offers products ranging from small-displacement commuter models to larger performance motorcycles. The company also produces outboard marine engines and related equipment.

Founded in 1909 by Michio Suzuki as a loom-manufacturing business, Suzuki entered the automotive industry after World War II and developed a strong position in small, affordable vehicles.