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 the month of February. As of February 15th, there was short interest totalling 43,700 shares, a drop of 26.6% from the January 31st total of 59,500 shares. Based on an average daily volume of 308,300 shares, the days-to-cover ratio is presently 0.1 days.

Sumitomo Metal Mining Price Performance

Shares of SMMYY traded down $0.10 on Tuesday, hitting $5.35. The company’s stock had a trading volume of 191,877 shares, compared to its average volume of 193,069. The firm’s fifty day moving average price is $5.67 and its 200-day moving average price is $6.33. Sumitomo Metal Mining has a fifty-two week low of $5.34 and a fifty-two week 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.