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

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

Sumitomo Heavy Industries Stock Performance

Shares of OTCMKTS:SOHVF remained flat at $32.20 during mid-day trading on Monday. Sumitomo Heavy Industries has a one year low of $28.50 and a one year high of $32.20. The stock has a 50 day moving average of $32.20 and a 200 day moving average of $31.88.

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.