Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) Short Interest Update

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 118,300 shares, a growth of 17.8% from the September 30th total of 100,400 shares. Based on an average daily trading volume, of 163,300 shares, the days-to-cover ratio is presently 0.7 days.

Sumitomo Metal Mining Trading Up 0.1 %

SMMYY traded up $0.01 on Wednesday, hitting $6.97. 139,689 shares of the company were exchanged, compared to its average volume of 82,935. Sumitomo Metal Mining has a fifty-two week low of $5.94 and a fifty-two week high of $8.82. The business’s fifty day moving average is $7.02 and its 200 day moving average is $7.51.

About Sumitomo Metal Mining

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.