Short Interest in Shimano Inc. (OTCMKTS:SMNNY) Declines By 21.5%

Shimano Inc. (OTCMKTS:SMNNY) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 100,600 shares, a decrease of 21.5% from the December 31st total of 128,200 shares. Based on an average daily trading volume, of 379,800 shares, the short-interest ratio is presently 0.3 days.

Shimano Stock Performance

SMNNY stock opened at $13.99 on Friday. The firm has a market cap of $12.47 billion, a P/E ratio of 43.46 and a beta of 0.60. Shimano has a 1 year low of $12.55 and a 1 year high of $19.69. The stock has a 50-day simple moving average of $13.63 and a 200-day simple moving average of $15.74.

About Shimano

Shimano Inc develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. It has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. Shimano Inc was founded in 1921 and is headquartered in Sakai, Japan.