Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) Sees Large Increase in Short Interest

Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 481,200 shares, a growth of 202.8% from the November 30th total of 158,900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Sumitomo Rubber Industries Price Performance

Sumitomo Rubber Industries stock opened at $10.25 on Friday. Sumitomo Rubber Industries has a 1-year low of $10.19 and a 1-year high of $10.25. The company has a fifty day simple moving average of $10.25 and a 200 day simple moving average of $11.22.

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.