Shimano Inc. (OTCMKTS:SMNNY) Short Interest Up 193.3% in November

Shimano Inc. (OTCMKTS:SMNNY) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 4,400 shares, a growth of 193.3% from the November 15th total of 1,500 shares. Based on an average daily volume of 325,600 shares, the short-interest ratio is presently 0.0 days.

Shimano Stock Down 0.5 %

Shares of OTCMKTS SMNNY traded down $0.07 during trading on Wednesday, hitting $13.87. 131,633 shares of the company traded hands, compared to its average volume of 74,208. The firm has a market capitalization of $12.40 billion, a P/E ratio of 44.97 and a beta of 0.60. Shimano has a 1 year low of $13.01 and a 1 year high of $19.69. The company has a 50-day moving average price of $14.95 and a 200-day moving average price of $16.40.

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.