Mitsui Chemicals, Inc. (OTCMKTS:MITUY) Sees Significant Increase in Short Interest

Mitsui Chemicals, Inc. (OTCMKTS:MITUY) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 207 shares, an increase of 132.6% from the January 29th total of 89 shares. Based on an average trading volume of 35 shares, the days-to-cover ratio is presently 5.9 days. Based on an average trading volume of 35 shares, the days-to-cover ratio is presently 5.9 days.

Mitsui Chemicals Price Performance

Shares of Mitsui Chemicals stock traded down $0.37 during trading hours on Friday, reaching $14.31. 1,500 shares of the company’s stock were exchanged, compared to its average volume of 1,000. The business has a fifty day moving average of $13.10 and a two-hundred day moving average of $12.42. Mitsui Chemicals has a 1 year low of $9.07 and a 1 year high of $15.30.

About Mitsui Chemicals

Mitsui Chemicals, Inc, a member of the Mitsui Group and headquartered in Tokyo, Japan, is a leading global chemical manufacturer serving a wide range of industries. The company develops, produces and markets an extensive portfolio of chemical products, from basic petrochemicals and performance materials to advanced functional solutions. Its operations span the full value chain, including research and development, manufacturing and sales of a diverse array of specialty chemicals and plastics.

The firm’s primary business activities are organized into several segments.