Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVF) Short Interest Update

Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVF) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 114,162 shares, a drop of 48.5% from the July 30th total of 221,648 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Sumitomo Heavy Industries Stock Performance

OTCMKTS SOHVF opened at $32.20 on Tuesday. The company has a 50-day simple moving average of $32.20 and a 200 day simple moving average of $31.89. Sumitomo Heavy Industries has a 52-week low of $28.50 and a 52-week high of $32.20.

About Sumitomo Heavy Industries

Sumitomo Heavy Industries, Ltd. manufactures and sells general machinery, advanced precision machinery, construction machinery, ships, and environmental plant facilities in Japan and internationally. Its Mechatronics segment offers gearmotors, gearboxes, motion control drives, motors and inverters, drive solutions, precision positioning equipment, laser systems, control systems, motion components, and collaborative robot. The company's Industrial Machinery segment provides injection molding machines, cryocoolers, ion implanters, PET tracer production systems, vacuum coasting equipment, steel tube air forming, non-destructive inspections, clean room system, cast iron and steel rolls for hot rolling, and coolant systems.