Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY) Sees Large Increase in Short Interest

Posted by Trevor Kearing on May 16th, 2026

Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY – Get Free Report) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 122,435 shares, a growth of 101.4% from the April 15th total of 60,806 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 662,528 shares, the days-to-cover ratio is currently 0.2 days.

Nippon Steel & Sumitomo Metal Stock Performance

Shares of OTCMKTS:NPSCY traded up $0.02 during midday trading on Friday, reaching $3.58. The company had a trading volume of 222,537 shares, compared to its average volume of 305,063. The company’s 50 day moving average price is $3.69 and its 200 day moving average price is $3.98. The company has a current ratio of 1.12, a quick ratio of 0.53 and a debt-to-equity ratio of 0.51. The stock has a market cap of $19.24 billion, a P/E ratio of -71.60 and a beta of 0.68. Nippon Steel & Sumitomo Metal has a 52-week low of $3.50 and a 52-week high of $4.79.

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY – Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.08 earnings per share for the quarter. The company had revenue of $17.89 billion during the quarter, compared to analysts’ expectations of $18.20 billion.

Nippon Steel & Sumitomo Metal Company Profile

(Get Free Report)

Nippon Steel & Sumitomo Metal Corporation is a major Japanese steel producer formed in 2012 through the merger of Nippon Steel and Sumitomo Metal. Headquartered in Tokyo, the company operates integrated steelmaking and rolling facilities and is widely recognized as one of the largest steel manufacturers in Japan and among the leading producers globally. Its business scope spans primary steel production, downstream processing, and a range of steel-related engineering and service activities.

The company’s product offering includes a broad portfolio of steel products such as hot- and cold-rolled flat products, plates, pipes and tubes, coated steels, stainless and specialty steels, and high-strength steels tailored for automotive, machinery, construction, energy and infrastructure applications.