Sumitomo Heavy (OTCMKTS:SOHVY) Short Interest Up 50.0% in August

Sumitomo Heavy (OTCMKTS:SOHVY) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 300 shares, a growth of 50.0% from the August 15th total of 200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 3.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 100 shares, the short-interest ratio is presently 3.0 days.

Sumitomo Heavy Stock Performance

Shares of Sumitomo Heavy stock opened at $5.60 on Tuesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.08 and a current ratio of 1.97. Sumitomo Heavy has a 52 week low of $4.66 and a 52 week high of $6.47. The stock has a 50 day moving average price of $5.42 and a two-hundred day moving average price of $5.20. The stock has a market capitalization of $2.69 billion, a PE ratio of -186.50 and a beta of 0.23.

Sumitomo Heavy (OTCMKTS:SOHVY) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.10 EPS for the quarter. Sumitomo Heavy had a positive return on equity of 3.86% and a negative net margin of 0.29%.The firm had revenue of $1.75 billion during the quarter.

About Sumitomo Heavy

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.