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

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 115,200 shares, a growth of 64.8% from the March 31st total of 69,900 shares. Based on an average daily volume of 151,200 shares, the days-to-cover ratio is currently 0.8 days.

Sumitomo Metal Mining Price Performance

Shares of OTCMKTS SMMYY traded up $0.13 during midday trading on Monday, reaching $8.50. 20,361 shares of the stock were exchanged, compared to its average volume of 66,303. Sumitomo Metal Mining has a twelve month low of $6.42 and a twelve month high of $9.46. The firm has a 50-day simple moving average of $7.52 and a two-hundred day simple moving average of $7.23.

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.