Short Interest in Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) Declines By 25.6%

Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 73,900 shares, a decrease of 25.6% from the January 15th total of 99,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 739.0 days.

Sumitomo Rubber Industries Price Performance

Shares of OTCMKTS SMTUF opened at $10.25 on Friday. The stock has a 50 day moving average price of $10.25 and a 200 day moving average price of $10.62. Sumitomo Rubber Industries has a 52 week low of $10.19 and a 52 week high of $10.25.

Sumitomo Rubber Industries Company Profile

Sumitomo Rubber Industries, Ltd., together with its subsidiaries, offers tires, sports, and industrial and other products in Japan, rest of Asia, Europe, North America, and internationally. It manufactures and sells a range of tires for various vehicles, such as passenger cars, trucks, buses, motorcycles, construction vehicles, agricultural vehicles, and race and rally cars, as well as for industrial vehicles under the Dunlop and Falken brands.