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

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 95,899 shares, a drop of 45.8% from the April 15th total of 177,068 shares. Based on an average trading volume of 398,095 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Shimano Trading Up 1.6%

OTCMKTS:SMNNY traded up $0.17 during trading hours on Friday, hitting $10.67. The stock had a trading volume of 350,088 shares, compared to its average volume of 206,369. Shimano has a 1-year low of $9.36 and a 1-year high of $15.16. The business has a 50 day simple moving average of $10.42 and a two-hundred day simple moving average of $10.60. The company has a market cap of $9.23 billion, a PE ratio of 41.04 and a beta of 0.60.

Shimano (OTCMKTS:SMNNY) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $0.07 earnings per share (EPS) for the quarter. Shimano had a net margin of 7.67% and a return on equity of 2.83%. The company had revenue of $749.86 million during the quarter. 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.