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

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) was the target of a significant growth in short interest in 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 volume of 163,300 shares, the short-interest ratio is presently 0.7 days.

Sumitomo Metal Mining Stock Up 0.1 %

Sumitomo Metal Mining stock traded up $0.01 during midday trading on Wednesday, hitting $6.97. The stock had a trading volume of 139,689 shares, compared to its average volume of 82,935. Sumitomo Metal Mining has a 12 month low of $5.94 and a 12 month high of $8.82. The business has a fifty day moving average price of $7.02 and a 200 day moving average price of $7.51.

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.