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

Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 86,000 shares, an increase of 61.4% from the February 13th total of 53,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Sumitomo Rubber Industries Stock Performance

Shares of SMTUF stock remained flat at $10.25 during mid-day trading on Friday. Sumitomo Rubber Industries has a 1-year low of $10.19 and a 1-year high of $10.25. The stock’s 50-day simple moving average is $10.25 and its 200-day simple moving average is $10.28.

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.