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Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Sees Significant Increase in Short Interest

Financial News Live ·  Sep 17, 2022 17:51

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY – Get Rating) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 3,000 shares, a growth of 87.5% from the August 15th total of 1,600 shares. Based on an average daily trading volume, of 3,400 shares, the days-to-cover ratio is currently 0.9 days.

Mitsui Mining & Smelting Trading Down 3.6 %

Mitsui Mining & Smelting stock traded down $0.16 on Friday, hitting $4.26. The company's stock had a trading volume of 5,400 shares, compared to its average volume of 3,151. The company has a fifty day moving average price of $4.55 and a 200-day moving average price of $4.96. Mitsui Mining & Smelting has a one year low of $4.24 and a one year high of $6.17.

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About Mitsui Mining & Smelting

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Mitsui Mining & Smelting Co, Ltd. manufactures and sells nonferrous metal products in Japan and internationally. The company operates through four segments: Engineered Materials, Metals, Automotive Parts & Components, and Affiliates Coordination. It manufactures engineered powders comprising ultra-fine powders for electronic materials, powder metallurgy, and solder powders; rare metals, such as tantalumu and niobium oxides and carbides, and cerium oxide abrasives; battery materials, including hydrogen storage alloys, and lithium manganese oxides; catalysts; copper foils; PVD materials; and ceramics for electronic components.

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