Short Interest in Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) Grows By 77.8%

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, an increase of 77.8% from the February 28th total of 900 shares. Based on an average daily trading volume, of 493,300 shares, the short-interest ratio is currently 0.0 days.

Sumitomo Metal Mining Stock Performance

Shares of OTCMKTS SMMYY opened at $5.71 on Friday. The business has a 50-day moving average of $5.64 and a 200-day moving average of $6.17. Sumitomo Metal Mining has a fifty-two week low of $5.14 and a fifty-two week high of $8.82.

Sumitomo Metal Mining Company Profile

Sumitomo Metal Mining Co, Ltd., together with its subsidiaries, engages in mining, smelting, and refining non-ferrous metals in Japan and internationally. It operates through Mineral Resources, Smelting & Refining, and Materials segments. The company provides metal products, including copper, nickel/cobalt, gold/precious metal, and others; battery materials, such as nickel hydroxides, lithium nickel-cobalt-aluminum oxides, and lithium nickel manganese cobalt oxide; and crystal materials, including lithium tantalates/lithium niobates, optical isolators, faraday rotators, and substitute gallium gadolinium garnet.