Short Interest in Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Increases By 1,800.0%

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 2,204 shares, an increase of 1,800.0% from the May 31st total of 116 shares. Based on an average daily trading volume, of 17,831 shares, the days-to-cover ratio is currently 0.1 days.

Mitsui Mining & Smelting Stock Performance

MMSMY stock traded down $0.01 during mid-day trading on Thursday, reaching $57.38. The company had a trading volume of 2,292 shares, compared to its average volume of 3,594. Mitsui Mining & Smelting has a one year low of $6.60 and a one year high of $69.83. The stock’s 50-day simple moving average is $56.28 and its two-hundred day simple moving average is $41.01.

Mitsui Mining & Smelting Company Profile

(Get Free Report)

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.

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