Sumitomo Electric Industries, Ltd. (OTCMKTS:SMTOY) Short Interest Update

Sumitomo Electric Industries, Ltd. (OTCMKTS:SMTOY) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 800 shares, a decline of 94.7% from the June 30th total of 15,000 shares. Based on an average daily trading volume, of 16,600 shares, the short-interest ratio is currently 0.0 days.

Sumitomo Electric Industries Stock Performance

Shares of SMTOY opened at $14.69 on Friday. Sumitomo Electric Industries has a one year low of $10.24 and a one year high of $17.60. The firm has a 50 day simple moving average of $15.67 and a two-hundred day simple moving average of $15.02.

About Sumitomo Electric Industries

Sumitomo Electric Industries, Ltd. manufactures and sells electric wires and cables worldwide. It operates through Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others segments. The company offers wiring harnesses and electrical components; steel cords for tire reinforcement; steel wires for springs; wiring materials; optical lenses for infrared devices; abrasion-resistant parts/materials; heat shrink and heat-resistant tubing/tapes; magnet and aluminum bars/wires; products for electronic devices; sintered parts; and EV quick-charger connector assemblies.