Mitsubishi Materials Co. (OTCMKTS:MIMTF) Short Interest Down 30.2% in October

Mitsubishi Materials Co. (OTCMKTS:MIMTF) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 367,100 shares, a decrease of 30.2% from the September 30th total of 525,800 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Mitsubishi Materials Stock Performance

OTCMKTS MIMTF remained flat at C$18.00 on Monday. The company’s fifty day simple moving average is C$17.33 and its 200-day simple moving average is C$16.41. Mitsubishi Materials has a 12 month low of C$15.45 and a 12 month high of C$18.00.

Mitsubishi Materials Company Profile

Mitsubishi Materials Corporation, together with its subsidiaries, engages in metals, metalworking solutions, cement, environment and energy, and electronic materials businesses in Japan. The company offers automotive products, including engine, drive system, and onboard equipment parts and materials; exterior parts and materials; electronic parts and materials; hybrid, EV, and fuel cell car parts and materials; tools; recycling, and green products and materials; environment and recycle technology; energy recovery resources, such as shredder residue, batteries, and e-scrap; and recycling facilities.