Short Interest in Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) Decreases By 27.9%

Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 53,300 shares, a drop of 27.9% from the January 31st total of 73,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 533.0 days.

Sumitomo Rubber Industries Price Performance

Shares of SMTUF stock remained flat at $10.25 during trading hours on Tuesday. Sumitomo Rubber Industries has a twelve month low of $10.19 and a twelve month high of $10.25. The company has a 50-day simple moving average of $10.25 and a two-hundred day simple moving average of $10.42.

About Sumitomo Rubber Industries

Sumitomo Rubber Industries, Ltd., together with its subsidiaries, offers tires, sports, and industrial and other products in Japan, rest of Asia, Europe, North America, and internationally. It manufactures and sells a range of tires for various vehicles, such as passenger cars, trucks, buses, motorcycles, construction vehicles, agricultural vehicles, and race and rally cars, as well as for industrial vehicles under the Dunlop and Falken brands.