Sumitomo Heavy (OTCMKTS:SOHVY) Short Interest Update

Key Points

• Sumitomo Heavy's short interest dropped by 25.0% in July, falling to 600 shares from 800 shares as of June 30th.
• The company reported earnings per share (EPS) of $0.09 and revenue of $1.58 billion for its last quarter, indicating a net margin of 0.04%.
• As of now, Sumitomo Heavy's shares are priced at $5.30, with a market capitalization of $2.55 billion.

Sumitomo Heavy (OTCMKTS:SOHVY - Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 600 shares, adecreaseof25.0% from the June 30th total of 800 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 3.0 days. Currently,0.0% of the shares of the stock are sold short. Currently,0.0% of the shares of the stock are sold short. Based on an average daily volume of 200 shares, the short-interest ratio is presently 3.0 days.

Sumitomo Heavy Stock Performance

OTCMKTS:SOHVY remained flat at $5.30 during mid-day trading on Friday. Sumitomo Heavy has a 12-month low of $4.66 and a 12-month high of $6.47. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.03 and a current ratio of 1.83. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 530.53 and a beta of 0.22. The business has a 50 day simple moving average of $5.17 and a two-hundred day simple moving average of $5.13.

Sumitomo Heavy Company Profile

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.