Sumitomo Co. (OTCMKTS:SSUMY) Short Interest Update

Sumitomo Co. (OTCMKTS:SSUMY) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 1,700 shares, a decline of 78.5% from the November 15th total of 7,900 shares. Based on an average trading volume of 139,000 shares, the short-interest ratio is currently 0.0 days.

Sumitomo Stock Up 0.8 %

OTCMKTS SSUMY traded up $0.17 on Wednesday, hitting $22.22. 57,632 shares of the stock were exchanged, compared to its average volume of 50,513. The company has a quick ratio of 1.17, a current ratio of 1.65 and a debt-to-equity ratio of 0.52. Sumitomo has a fifty-two week low of $19.00 and a fifty-two week high of $28.90. The company has a market cap of $26.91 billion, a PE ratio of 12.32, a PEG ratio of 0.65 and a beta of 0.71. The company has a 50-day moving average price of $21.68 and a 200-day moving average price of $23.21.

About Sumitomo

Sumitomo Corporation engages in general trading business worldwide. It operates through six segments: Metal Products; Transportation & Construction Systems; Infrastructure; Media & Digital; Living Related & Real Estate; and Mineral Resources, Energy, Chemical & Electronics. The company provides steel sheets and tubular products; and manufactures, leases, sells, services, and finances ships, aircrafts, motor vehicles, construction equipment, and components and parts.