Short Interest in Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Decreases By 80.5%

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMYGet Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 876 shares, a decline of 80.5% from the April 15th total of 4,488 shares. Based on an average daily volume of 3,614 shares, the days-to-cover ratio is presently 0.2 days.

Mitsui Mining & Smelting Price Performance

MMSMY stock traded down $3.11 during trading on Wednesday, hitting $61.14. 4,977 shares of the company’s stock were exchanged, compared to its average volume of 3,091. The business has a 50-day moving average price of $44.98 and a two-hundred day moving average price of $32.99. Mitsui Mining & Smelting has a 52-week low of $5.47 and a 52-week high of $67.00.

Mitsui Mining & Smelting Company Profile

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Mitsui Mining & Smelting Co, Ltd. is a Tokyo-based nonferrous metals producer and a member of the Mitsui Group. The company specializes in the smelting, refining and marketing of base metals, including copper, zinc and lead, as well as precious metals such as gold and silver. With a history spanning back to its early 20th-century origins, Mitsui Mining & Smelting has built a reputation for technical expertise in metallurgical processes and materials science.

The company’s core business segments encompass traditional metals operations and advanced functional materials.

Further Reading

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