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

Suzuki Motor Co. (OTCMKTS:SZKMY) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 16,600 shares, a drop of 91.5% from the December 15th total of 196,400 shares. Based on an average trading volume of 106,700 shares, the days-to-cover ratio is currently 0.2 days.

Suzuki Motor Trading Up 0.6 %

Shares of OTCMKTS:SZKMY traded up $0.26 on Tuesday, reaching $44.58. 30,791 shares of the company traded hands, compared to its average volume of 68,156. The stock has a market capitalization of $21.90 billion, a P/E ratio of 13.49 and a beta of 1.14. The business’s 50-day simple moving average is $44.03 and its 200 day simple moving average is $44.06. The company has a current ratio of 1.61, a quick ratio of 1.22 and a debt-to-equity ratio of 0.16. Suzuki Motor has a 52 week low of $34.20 and a 52 week high of $50.32.

Wall Street Analysts Forecast Growth

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

Suzuki Motor Company Profile

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.