Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) Short Interest Down 27.9% in February

Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 53,300 shares, a decrease of 27.9% from the January 31st total of 73,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 533.0 days.

Sumitomo Rubber Industries Stock Performance

OTCMKTS SMTUF remained flat at $10.25 during trading on Wednesday. The company’s stock had a trading volume of 100 shares, compared to its average volume of 520. Sumitomo Rubber Industries has a 12-month low of $10.19 and a 12-month high of $10.25. The stock has a fifty day moving average price of $10.25 and a two-hundred day moving average price of $10.40.

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.