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

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

Sumitomo Metal Mining Stock Performance

SMMYY traded up $0.31 during trading hours on Monday, hitting $4.95. 453,255 shares of the stock were exchanged, compared to its average volume of 222,017. Sumitomo Metal Mining has a 12 month low of $4.07 and a 12 month high of $8.82. The stock has a 50-day simple moving average of $5.38 and a 200-day simple moving average of $6.00.

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.