MISUMI Group Inc. (OTCMKTS:MSSMY – Get Free Report) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 1,086 shares, a drop of 69.6% from the June 15th total of 3,568 shares. Based on an average daily volume of 1,469 shares, the days-to-cover ratio is presently 0.7 days.
MISUMI Group Price Performance
MSSMY traded down $1.10 on Tuesday, hitting $11.68. The company had a trading volume of 1,325 shares, compared to its average volume of 1,221. The stock has a fifty day moving average price of $11.48 and a 200-day moving average price of $9.89. MISUMI Group has a 12-month low of $6.59 and a 12-month high of $12.78.
MISUMI Group Company Profile
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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