Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) Short Interest Up 1,468.8% in December

Sumitomo Metal Mining Co., Ltd. (OTCMKTS:SMMYY) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 25,100 shares, an increase of 1,468.8% from the November 30th total of 1,600 shares. Based on an average trading volume of 384,600 shares, the days-to-cover ratio is presently 0.1 days.

Sumitomo Metal Mining Stock Performance

OTCMKTS:SMMYY traded up $0.05 during trading hours on Friday, reaching $5.62. The company’s stock had a trading volume of 139,381 shares, compared to its average volume of 101,801. Sumitomo Metal Mining has a 12 month low of $5.41 and a 12 month high of $8.82. The stock has a 50 day moving average price of $6.29 and a two-hundred day moving average price of $6.91.

Sumitomo Metal Mining Company Profile

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.