Short Interest in Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) Declines By 41.2%

Shimano Inc. Unsponsored ADR (OTCMKTS:SMNNY) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 69,647 shares, a decrease of 41.2% from the May 14th total of 118,385 shares. Based on an average daily volume of 229,062 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Shimano Trading Down 2.6%

Shares of OTCMKTS:SMNNY opened at $10.19 on Tuesday. The company has a 50 day moving average of $10.44 and a 200-day moving average of $10.60. The firm has a market cap of $8.82 billion, a P/E ratio of 39.19 and a beta of 0.59. Shimano has a twelve month low of $9.36 and a twelve month high of $15.07.

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