MISUMI Group Inc. (OTCMKTS:MSSMY – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 71 shares, a drop of 68.6% from the August 15th total of 226 shares. Based on an average daily volume of 852 shares, the days-to-cover ratio is presently 0.1 days.
MISUMI Group Stock Performance
Shares of OTCMKTS MSSMY remained flat at $11.15 during mid-day trading on Friday. 22 shares of the stock were exchanged, compared to its average volume of 1,231. The stock’s 50 day moving average price is $11.62 and its 200-day moving average price is $10.73. MISUMI Group has a 12-month low of $6.64 and a 12-month high of $13.00.
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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