Short Interest in Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) Rises By 202.8%

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

Sumitomo Rubber Industries Price Performance

SMTUF remained flat at $10.25 during midday trading on Friday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 520. Sumitomo Rubber Industries has a fifty-two week low of $10.19 and a fifty-two week high of $10.25. The firm has a 50 day moving average price of $10.25 and a two-hundred day moving average price of $11.22.

About Sumitomo Rubber Industries

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.