Suzuki Motor Co. (OTCMKTS:SZKMF) Sees Large Growth in Short Interest

Suzuki Motor Co. (OTCMKTS:SZKMF) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 8,618,501 shares, an increase of 104.1% from the June 15th total of 4,222,036 shares. Based on an average daily volume of 5,909 shares, the days-to-cover ratio is presently 1,458.5 days.

Suzuki Motor Price Performance

Suzuki Motor stock opened at $12.29 on Wednesday. The firm has a fifty day simple moving average of $11.83 and a two-hundred day simple moving average of $12.85. Suzuki Motor has a twelve month low of $10.40 and a twelve month high of $17.02.

About Suzuki Motor

Suzuki Motor Corporation is a Japan-based manufacturer of automobiles, motorcycles, marine engines and power products. Headquartered in Hamamatsu, Shizuoka Prefecture, the company develops and sells a range of compact cars, sport-utility vehicles and light commercial vehicles, alongside a diverse lineup of motorcycles and all-terrain vehicles. In addition to road vehicles, Suzuki produces outboard motors for recreational and commercial marine applications, as well as generators and other small power systems.

Founded in 1909 by Michio Suzuki as Suzuki Loom Works, the company entered the motorcycle market in the early 1950s before launching its first automobile, the Suzulight, in 1955.