Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) Sees Large Decrease in Short Interest

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 43,700 shares, a decline of 26.6% from the January 31st total of 59,500 shares. Based on an average daily volume of 308,300 shares, the short-interest ratio is currently 0.1 days.

Sumitomo Metal Mining Trading Down 1.4 %

Shares of SMMYY stock opened at $5.45 on Monday. Sumitomo Metal Mining has a twelve month low of $5.40 and a twelve month high of $8.82. The stock has a fifty day simple moving average of $5.67 and a two-hundred day simple moving average of $6.34.

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.