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

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY – Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 40,922 shares, an increase of 674.0% from the September 30th total of 5,287 shares. Based on an average daily volume of 24,581 shares, the days-to-cover ratio is presently 1.7 days.

Mitsui Mining & Smelting Stock Up 3.0%

Shares of OTCMKTS MMSMY traded up $0.40 during trading hours on Thursday, reaching $13.70. The stock had a trading volume of 10,610 shares, compared to its average volume of 20,396. The firm has a 50-day moving average of $25.74 and a 200-day moving average of $39.46. Mitsui Mining & Smelting has a fifty-two week low of $9.48 and a fifty-two week high of $34.91.

Mitsui Mining & Smelting Company Profile

(Get Free Report)

Mitsui Mining & Smelting Co, Ltd., also known as Mitsui Kinzoku, is a Japan-based materials and metals company. Its activities include the production, processing and recycling of nonferrous metals, as well as the development of advanced materials used in automotive, electronics, semiconductor and energy-related applications.

The company’s products and services include zinc, copper and precious-metal materials; metal recycling; battery and energy-storage materials; electronic and semiconductor materials; automotive components; catalysts; and other functional materials.

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