Short Interest in Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) Increases By 1,468.8%

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 25,100 shares, an increase of 1,468.8% from the November 30th total of 1,600 shares. Based on an average trading volume of 384,600 shares, the short-interest ratio is currently 0.1 days.

Sumitomo Metal Mining Stock Up 0.5 %

OTCMKTS:SMMYY traded up $0.03 on Thursday, reaching $5.57. The company’s stock had a trading volume of 255,355 shares, compared to its average volume of 101,650. The business’s 50-day moving average price is $6.36 and its two-hundred day moving average price is $6.93. Sumitomo Metal Mining has a 1-year low of $5.41 and a 1-year 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.