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Sumitomo Mitsui's short interest rose 47% amid earnings below expectations and a downgrade.
Sumitomo Mitsui Financial Group's short interest increased 47% in March to 6.09 million shares, while Sumitomo Corp.'s dropped 38.6% to 63,468 shares.
Both Japanese firms reported earnings below analyst expectations, leading Sumitomo Mitsui to be downgraded to a "Hold" rating by Wall Street Zen.
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El interés corto de Sumitomo Mitsui subió un 47% en medio de ganancias por debajo de las expectativas y una rebaja de calificación.