Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVF) Stock Short Interest Rises 117.1%

Sumitomo Heavy Industries, Ltd. (OTCMKTS:SOHVF – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 406,822 shares, an increase of 117.1% from the August 31st total of 187,422 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Sumitomo Heavy Industries Stock Performance

Shares of SOHVF stock remained flat at $32.20 on Tuesday. Sumitomo Heavy Industries has a 1 year low of $28.50 and a 1 year high of $32.20. The firm has a 50-day moving average price of $32.20 and a 200 day moving average price of $32.20.

Sumitomo Heavy Industries Company Profile

(Get Free Report)

Sumitomo Heavy Industries, Ltd. is a Japanese manufacturer of industrial machinery and equipment. The company develops and produces power-transmission systems, industrial machinery, precision machinery, construction machinery, and equipment used in material handling and logistics. Its products serve applications across manufacturing, infrastructure, energy, transportation, and other industrial markets.

The company’s offerings include gearboxes and drive systems, injection-molding machines, semiconductor and precision equipment, industrial presses, cranes, automated logistics systems, and construction equipment.

Featured Stories

Receive News & Ratings for Sumitomo Heavy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumitomo Heavy Industries and related companies with MarketBeat.com's FREE daily email newsletter.