Sumitomo Chemcl (OTCMKTS:SOMMY) Sees Significant Growth in Short Interest

Sumitomo Chemcl (OTCMKTS:SOMMY) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 3,252 shares, a growth of 132.5% from the May 31st total of 1,399 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 889 shares, the short-interest ratio is presently 3.7 days.

Sumitomo Chemcl Trading Down 2.4%

OTCMKTS:SOMMY traded down $0.39 during midday trading on Monday, hitting $15.64. The stock had a trading volume of 537 shares, compared to its average volume of 2,277. The stock has a 50-day moving average of $17.25 and a 200 day moving average of $16.38. The company has a market capitalization of $5.19 billion, a price-to-earnings ratio of 12.62 and a beta of 0.31. Sumitomo Chemcl has a one year low of $11.82 and a one year high of $20.60. The company has a quick ratio of 0.91, a current ratio of 1.51 and a debt-to-equity ratio of 0.74.

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

About Sumitomo Chemcl

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.