Sumitomo Metal Mining Co., Ltd. – Unsponsored ADR (OTCMKTS:SMMYY – Get Free Report) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 64,314 shares, a decrease of 47.8% from the August 31st total of 123,144 shares. Based on an average trading volume of 256,137 shares, the short-interest ratio is presently 0.3 days.
Sumitomo Metal Mining Stock Up 1.4%
Shares of SMMYY opened at $15.50 on Thursday. Sumitomo Metal Mining has a 12 month low of $7.44 and a 12 month high of $20.51. The firm’s 50 day moving average is $15.19 and its 200-day moving average is $14.45.
About Sumitomo Metal Mining
Sumitomo Metal Mining Co, Ltd. is a Japanese company engaged in the exploration, mining, smelting and refining of non-ferrous metals, as well as the production of advanced materials. Its principal products include copper, nickel, gold and other precious metals, which it supplies to industrial customers and manufacturers.
The company also produces battery materials, including nickel-based cathode materials, along with semiconductor and electronic materials, crystal materials, catalysts and other specialized products.
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