Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) Short Interest Update

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 900 shares, a decrease of 93.8% from the August 31st total of 14,400 shares. Based on an average trading volume of 341,700 shares, the short-interest ratio is currently 0.0 days.

Sumitomo Metal Mining Stock Up 2.6 %

Shares of SMMYY stock traded up $0.18 during midday trading on Wednesday, reaching $7.20. 83,535 shares of the stock were exchanged, compared to its average volume of 80,185. Sumitomo Metal Mining has a 1 year low of $5.94 and a 1 year high of $8.82. The company’s 50 day moving average is $6.87 and its two-hundred day moving average is $7.57.

About Sumitomo Metal Mining

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.