Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) Short Interest Update

Sumitomo Rubber Industries, Ltd. (OTCMKTS:SMTUF) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 423,300 shares, a decrease of 16.8% from the June 30th total of 508,700 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Sumitomo Rubber Industries Price Performance

Shares of OTCMKTS:SMTUF remained flat at $12.67 during midday trading on Friday. The company’s 50 day moving average price is $12.67 and its 200-day moving average price is $12.02. Sumitomo Rubber Industries has a fifty-two week low of $12.67 and a fifty-two week high of $12.67.

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.