Short Interest in Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) Rises By 775.0%

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 14,000 shares, an increase of 775.0% from the March 15th total of 1,600 shares. Based on an average daily volume of 219,300 shares, the short-interest ratio is currently 0.1 days.

Sumitomo Metal Mining Stock Up 6.7 %

Shares of SMMYY stock opened at $4.95 on Tuesday. Sumitomo Metal Mining has a one year low of $4.07 and a one year high of $8.82. The stock has a fifty day moving average price of $5.36 and a 200 day moving average price of $5.98.

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.