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

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMYGet Rating) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 8,500 shares, an increase of 25.0% from the April 15th total of 6,800 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 42.5 days.

Shares of Mitsui Mining & Smelting stock remained flat at $$4.85 on Tuesday. The company has a 50-day moving average of $5.30 and a 200-day moving average of $5.44. Mitsui Mining & Smelting has a 52 week low of $4.85 and a 52 week high of $6.64.

About Mitsui Mining & Smelting (Get Rating)

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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