Sumitomo Chemcl (OTCMKTS:SOMMY) Short Interest Update

Sumitomo Chemcl (OTCMKTS:SOMMY) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,252 shares, an increase of 132.5% from the May 31st total of 1,399 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 889 shares, the short-interest ratio is currently 3.7 days.

Sumitomo Chemcl Stock Down 2.4%

OTCMKTS SOMMY traded down $0.39 during midday trading on Monday, hitting $15.64. 537 shares of the company traded hands, compared to its average volume of 2,277. Sumitomo Chemcl has a 52 week low of $11.82 and a 52 week high of $20.60. The company’s 50-day simple moving average is $17.25 and its 200-day simple moving average is $16.38. The company has a market cap of $5.19 billion, a PE ratio of 12.62 and a beta of 0.31. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.51 and a quick ratio of 0.91.

Sumitomo Chemcl (OTCMKTS:SOMMY) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.52) EPS for the quarter. The company had revenue of $3.97 billion during the quarter. Sumitomo Chemcl had a return on equity of 5.16% and a net margin of 2.65%.Sumitomo Chemcl has set its FY 2026 guidance at 1.350-1.350 EPS. As a group, equities research analysts forecast that Sumitomo Chemcl will post 1.35 earnings per share for the current 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.