Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) Short Interest Down 70.1% in December

Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 143,800 shares, a decrease of 70.1% from the December 15th total of 481,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Sumitomo Rubber Industries Stock Performance

OTCMKTS:SMTUF remained flat at $10.25 during trading hours on Monday. The company’s fifty day simple moving average is $10.25 and its 200 day simple moving average is $11.02. Sumitomo Rubber Industries has a 1-year low of $10.19 and a 1-year high of $10.25.

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.