Short Interest in Suzuki Motor Co. (OTCMKTS:SZKMY) Drops By 45.5%

Suzuki Motor Co. (OTCMKTS:SZKMY) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 15,900 shares, a drop of 45.5% from the October 31st total of 29,200 shares. Based on an average trading volume of 91,000 shares, the days-to-cover ratio is currently 0.2 days.

Suzuki Motor Stock Down 2.8 %

Shares of OTCMKTS SZKMY opened at $41.32 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.21 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $20.29 billion, a PE ratio of 11.87 and a beta of 1.14. The stock’s fifty day simple moving average is $42.03 and its two-hundred day simple moving average is $44.49. Suzuki Motor has a 12-month low of $34.20 and a 12-month high of $50.32.

Analyst Ratings Changes

Separately, Macquarie raised Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research report 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.