Suzuki Motor Co. (OTCMKTS:SZKMY) Sees Large Increase in Short Interest

Suzuki Motor Co. (OTCMKTS:SZKMY) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 196,400 shares, a growth of 877.1% from the November 30th total of 20,100 shares. Based on an average daily volume of 509,200 shares, the days-to-cover ratio is presently 0.4 days.

Suzuki Motor Price Performance

OTCMKTS:SZKMY traded up $0.51 during trading hours on Friday, reaching $45.08. 77,798 shares of the company’s stock were exchanged, compared to its average volume of 41,807. The company has a quick ratio of 1.22, a current ratio of 1.61 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $22.14 billion, a P/E ratio of 12.86 and a beta of 1.16. Suzuki Motor has a 12 month low of $34.20 and a 12 month high of $50.32. The business’s 50-day simple moving average is $42.48 and its two-hundred day simple moving average is $44.18.

Analyst Upgrades and Downgrades

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

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.