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

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) saw a significant drop in short interest in September. As of September 15th, there was short interest totalling 900 shares, a drop of 93.8% from the August 31st total of 14,400 shares. Based on an average daily trading volume, of 341,700 shares, the days-to-cover ratio is presently 0.0 days.

Sumitomo Metal Mining Stock Performance

Shares of OTCMKTS:SMMYY traded up $0.20 during midday trading on Friday, reaching $7.40. The company’s stock had a trading volume of 100,349 shares, compared to its average volume of 80,293. 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 simple moving average is $6.84 and its 200-day simple moving average is $7.57.

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.