Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Sees Significant Drop in Short Interest

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the recipient of a large decline in short interest in 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 229,062 shares, the short-interest ratio is presently 0.3 days.

Shimano Price Performance

Shares of OTCMKTS SMNNY opened at $10.34 on Wednesday. The stock has a market capitalization of $8.95 billion, a PE ratio of 39.77 and a beta of 0.59. The business has a fifty day moving average price of $10.44 and a two-hundred day moving average price of $10.60. Shimano has a fifty-two week low of $9.36 and a fifty-two week high of $15.07.

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