Short Interest in Sumitomo Chemcl (OTCMKTS:SOMMY) Declines By 45.2%

Sumitomo Chemcl (OTCMKTS:SOMMY) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,916 shares, a decrease of 45.2% from the April 30th total of 5,326 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,120 shares, the short-interest ratio is currently 0.9 days.

Sumitomo Chemcl Stock Down 4.2%

SOMMY traded down $0.79 on Tuesday, reaching $17.95. The company’s stock had a trading volume of 466 shares, compared to its average volume of 1,287. The stock has a market cap of $5.95 billion, a price-to-earnings ratio of 14.48 and a beta of 0.31. Sumitomo Chemcl has a 1 year low of $11.32 and a 1 year high of $20.60. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.57 and a quick ratio of 0.92. The business’s 50 day moving average is $16.86 and its 200 day moving average is $16.10.

Sumitomo Chemcl (OTCMKTS:SOMMY) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.52) earnings per share (EPS) for the quarter. Sumitomo Chemcl had a net margin of 2.65% and a return on equity of 5.21%. 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, research analysts forecast that Sumitomo Chemcl will post 1.35 EPS for the current fiscal 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.