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Short interest in Sumitomo Electric Industries Ltd (OTC:SMTOF) decreased during the last reporting period, falling from 406.49K to 157.62K. This put -% of the company's publicly available shares short.
Short interest for Sumitomo Electric gives investors a sense of the degree to which investors are betting on the decline of Sumitomo Electric's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 1.15K shares traded per day, it would take 137.66 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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