Sumitomo Chemcl (OTCMKTS:SOMMY) Short Interest Up 132.5% in June

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

Sumitomo Chemcl Price Performance

Shares of OTCMKTS:SOMMY remained flat at $15.90 during midday trading on Tuesday. 2,515 shares of the company were exchanged, compared to its average volume of 370. The firm has a market cap of $5.27 billion, a price-to-earnings ratio of 12.82 and a beta of 0.31. Sumitomo Chemcl has a fifty-two week low of $11.82 and a fifty-two week high of $20.60. The stock’s fifty day moving average price is $17.23 and its two-hundred day moving average price is $16.39. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 1.51.

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

Sumitomo Chemcl Company Profile

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.