Short Interest in Sumitomo Chemcl (OTCMKTS:SOMMY) Decreases By 52.0%

Sumitomo Chemcl (OTCMKTS:SOMMY) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,399 shares, a decrease of 52.0% from the May 14th total of 2,916 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,087 shares, the short-interest ratio is currently 0.7 days.

Sumitomo Chemcl Price Performance

Sumitomo Chemcl stock opened at $17.00 on Monday. Sumitomo Chemcl has a 1 year low of $11.32 and a 1 year high of $20.60. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 1.51. The firm has a 50 day moving average price of $17.23 and a 200 day moving average price of $16.26. The company has a market cap of $5.64 billion, a price-to-earnings ratio of 13.71 and a beta of 0.31.

Sumitomo Chemcl (OTCMKTS:SOMMY) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.52) earnings per share for the quarter. Sumitomo Chemcl had a return on equity of 5.16% and a net margin of 2.65%.The company had revenue of $3.97 billion for the quarter. Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. Sell-side analysts predict that Sumitomo Chemcl will post 1.35 earnings per share for the current year.

Sumitomo Chemcl Company Profile

Sumitomo Chemical Co, Ltd. is a diversified chemical company headquartered in Tokyo, Japan. Established in 1913 as part of the historic Sumitomo Group, the company has grown into a global industry leader, operating across multiple chemical and material science industries. It is listed in Japan’s premier equity markets and is available to U.S. investors via its American depositary receipts trading under the ticker SOMMY on the OTCMKTS exchange.

The company’s operations are organized into several core business segments, including petrochemicals, energy and functional materials, IT‐related chemicals, living materials, and health & crop sciences.