Short Interest in MISUMI Group Inc. (OTCMKTS:MSSMY) Decreases By 29.5%

MISUMI Group Inc. (OTCMKTS:MSSMYGet Free Report) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,668 shares, a decrease of 29.5% from the December 15th total of 5,201 shares. Based on an average daily volume of 5,957 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 5,957 shares, the short-interest ratio is currently 0.6 days.

MISUMI Group Stock Up 0.5%

Shares of MSSMY opened at $8.25 on Monday. The company’s 50 day moving average price is $7.66 and its 200 day moving average price is $7.55. MISUMI Group has a 52 week low of $6.20 and a 52 week high of $9.46.

MISUMI Group Company Profile

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MISUMI Group Inc is a Tokyo-based industrial supplier specializing in configurable components and automation solutions for the manufacturing sector. Through its proprietary e-catalog platform, the company offers a broad portfolio of mechanical parts, including linear motion systems, bearings, fasteners and workholding devices. Customers can select from a vast library of standard items or specify custom dimensions online, with real-time CAD downloads and instant pricing to support rapid design cycles.

In addition to off-the-shelf components, MISUMI Group provides precision press-die and plastic-mold parts under its Die Components business.

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