Short Interest in Sumitomo Chemical Company, Limited (OTCMKTS:SOMMY) Grows By 100.0%

Sumitomo Chemical Company, Limited (OTCMKTS:SOMMY) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 200 shares, a growth of 100.0% from the January 31st total of 100 shares. Based on an average daily volume of 10,800 shares, the short-interest ratio is currently 0.0 days.

Sumitomo Chemical Price Performance

OTCMKTS SOMMY traded down $0.03 during mid-day trading on Friday, hitting $11.69. The stock had a trading volume of 6,274 shares, compared to its average volume of 10,212. Sumitomo Chemical has a 52-week low of $9.55 and a 52-week high of $14.99. The company has a market cap of $3.87 billion, a price-to-earnings ratio of -3.24 and a beta of 0.53. The company has a 50 day simple moving average of $10.94 and a 200 day simple moving average of $12.46. The company has a quick ratio of 0.75, a current ratio of 1.30 and a debt-to-equity ratio of 0.97.

Sumitomo Chemical (OTCMKTS:SOMMY) last announced its earnings results on Monday, February 3rd. The company reported $0.71 EPS for the quarter. Sumitomo Chemical had a negative return on equity of 15.28% and a negative net margin of 7.00%.

About Sumitomo Chemical

Sumitomo Chemical Company, Limited engages in Chemicals & Plastics, energy and functional materials, IT-related chemicals, health and crop sciences, pharmaceuticals, and other businesses worldwide. Its Essential Chemicals & Plastics segment offers synthetic resins, such as polyethylene, polypropylene, and polymethyl methacrylate resins; raw materials for synthetic fibers; and various industrial chemicals.