Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) Short Interest Update

Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 617,200 shares, an increase of 45.8% from the July 15th total of 423,300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 2,057.3 days.

Sumitomo Rubber Industries Price Performance

OTCMKTS SMTUF remained flat at $12.67 during trading on Friday. The business’s fifty day moving average is $12.67 and its 200 day moving average is $12.13. Sumitomo Rubber Industries has a fifty-two week low of $12.67 and a fifty-two week high of $12.67.

Sumitomo Rubber Industries Company Profile

Sumitomo Rubber Industries, Ltd., together with its subsidiaries, offers tires, sports, and industrial and other products in Japan, rest of Asia, Europe, North America, and internationally. It manufactures and sells a range of tires for various vehicles, such as passenger cars, trucks, buses, motorcycles, construction vehicles, agricultural vehicles, and race and rally cars, as well as for industrial vehicles under the Dunlop and Falken brands.