Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) Short Interest Up 32.4% in September

Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 294,100 shares, a growth of 32.4% from the August 31st total of 222,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 2,941.0 days.

Sumitomo Rubber Industries Price Performance

Shares of Sumitomo Rubber Industries stock remained flat at $10.25 on Friday. Sumitomo Rubber Industries has a twelve month low of $10.19 and a twelve month high of $10.25. The company has a 50-day simple moving average of $11.65 and a 200 day simple moving average of $11.99.

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.