MISUMI Group Inc. (OTCMKTS:MSSMY) Sees Significant Growth in Short Interest

MISUMI Group Inc. (OTCMKTS:MSSMY) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 4,949 shares, a growth of 26.9% from the February 26th total of 3,901 shares. Based on an average trading volume of 2,733 shares, the days-to-cover ratio is presently 1.8 days.

MISUMI Group Stock Performance

OTCMKTS:MSSMY opened at $8.03 on Wednesday. MISUMI Group has a one year low of $6.20 and a one year high of $10.25. The business has a fifty day moving average price of $9.18 and a 200-day moving average price of $8.22.

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.