MISUMI Group Inc. (OTCMKTS:MSSMY – Get Free Report) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 5,201 shares, a drop of 53.7% from the November 30th total of 11,230 shares. Based on an average daily volume of 6,202 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 6,202 shares, the short-interest ratio is presently 0.8 days.
MISUMI Group Stock Performance
MSSMY stock opened at $7.82 on Monday. MISUMI Group has a 1-year low of $6.20 and a 1-year high of $9.46. The business has a fifty day moving average price of $7.52 and a 200-day moving average price of $7.38.
About MISUMI Group
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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