Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY) Short Interest Down 51.0% in July

Posted by Dante Gardener on Jul 29th, 2026

Nippon Steel & Sumitomo Metal Corp. (OTCMKTS:NPSCY – Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 236,014 shares, a drop of 51.0% from the June 30th total of 481,810 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,035,052 shares, the days-to-cover ratio is currently 0.2 days.

Nippon Steel & Sumitomo Metal Trading Up 2.0%

Shares of NPSCY stock traded up $0.08 during trading hours on Wednesday, reaching $4.14. 74,734 shares of the stock were exchanged, compared to its average volume of 327,884. The firm has a market capitalization of $22.25 billion, a price-to-earnings ratio of -34.50 and a beta of 0.68. Nippon Steel & Sumitomo Metal has a 12-month low of $3.32 and a 12-month high of $4.79. The company’s 50-day moving average price is $3.54 and its 200-day moving average price is $3.80. The company has a current ratio of 1.78, a quick ratio of 0.85 and a debt-to-equity ratio of 0.77.

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $17.89 billion during the quarter, compared to analysts’ expectations of $18.20 billion.

Nippon Steel & Sumitomo Metal Company Profile

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Nippon Steel & Sumitomo Metal Corporation is a major Japanese steel producer formed in 2012 through the merger of Nippon Steel and Sumitomo Metal. Headquartered in Tokyo, the company operates integrated steelmaking and rolling facilities and is widely recognized as one of the largest steel manufacturers in Japan and among the leading producers globally. Its business scope spans primary steel production, downstream processing, and a range of steel-related engineering and service activities.

The company’s product offering includes a broad portfolio of steel products such as hot- and cold-rolled flat products, plates, pipes and tubes, coated steels, stainless and specialty steels, and high-strength steels tailored for automotive, machinery, construction, energy and infrastructure applications.