Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) Short Interest Up 17.8% in October

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

Sumitomo Metal Mining Trading Up 0.1 %

Shares of SMMYY opened at $6.97 on Wednesday. The business’s fifty day moving average price is $7.02 and its two-hundred day moving average price is $7.51. Sumitomo Metal Mining has a 52 week low of $5.94 and a 52 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.