Short Interest in Sumitomo Chemcl (OTCMKTS:SOMMY) Declines By 52.0%

Sumitomo Chemcl (OTCMKTS:SOMMYGet Free Report) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,399 shares, a drop of 52.0% from the May 14th total of 2,916 shares. Based on an average trading volume of 2,087 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

Sumitomo Chemcl Stock Performance

Shares of SOMMY opened at $17.00 on Friday. The firm’s 50 day moving average price is $17.23 and its two-hundred day moving average price is $16.26. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.92 and a current ratio of 1.51. The firm has a market cap of $5.64 billion, a P/E ratio of 13.71 and a beta of 0.31. Sumitomo Chemcl has a twelve month low of $11.32 and a twelve month high of $20.60.

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

Sumitomo Chemcl Company Profile

(Get Free Report)

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.

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