Short Interest in Sumitomo Chemical Company, Limited (OTCMKTS:SOMMY) Increases By 100.0%

Sumitomo Chemical Company, Limited (OTCMKTS:SOMMY) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, an increase of 100.0% from the January 31st total of 100 shares. Based on an average daily volume of 10,800 shares, the short-interest ratio is presently 0.0 days.

Sumitomo Chemical Price Performance

Shares of OTCMKTS:SOMMY traded down $0.03 during trading on Friday, reaching $11.69. The stock had a trading volume of 6,274 shares, compared to its average volume of 10,212. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.75 and a current ratio of 1.30. The business has a fifty day moving average price of $10.94 and a 200-day moving average price of $12.46. The stock has a market cap of $3.87 billion, a PE ratio of -3.24 and a beta of 0.53. Sumitomo Chemical has a 1-year low of $9.55 and a 1-year high of $14.99.

Sumitomo Chemical (OTCMKTS:SOMMY) last released its quarterly earnings data on Monday, February 3rd. The company reported $0.71 earnings per share for the quarter. Sumitomo Chemical had a negative return on equity of 15.28% and a negative net margin of 7.00%.

About Sumitomo Chemical

Sumitomo Chemical Company, Limited engages in Chemicals & Plastics, energy and functional materials, IT-related chemicals, health and crop sciences, pharmaceuticals, and other businesses worldwide. Its Essential Chemicals & Plastics segment offers synthetic resins, such as polyethylene, polypropylene, and polymethyl methacrylate resins; raw materials for synthetic fibers; and various industrial chemicals.