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

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

Sumitomo Rubber Industries Price Performance

Shares of Sumitomo Rubber Industries stock remained flat at $10.25 on Monday. Sumitomo Rubber Industries has a 1 year low of $10.19 and a 1 year high of $10.25. The company’s 50-day simple moving average is $10.25 and its 200-day simple moving average is $11.02.

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.