Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Shares Shorted: Short Interest Down 53.8% in September

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 5,287 shares, a decline of 53.8% from the September 15th total of 11,445 shares. Based on an average daily volume of 31,839 shares, the days-to-cover ratio is currently 0.2 days.

Mitsui Mining & Smelting Stock Performance

Shares of Mitsui Mining & Smelting stock traded down $0.36 during trading hours on Tuesday, hitting $16.46. The company’s stock had a trading volume of 4,682 shares, compared to its average volume of 19,445. Mitsui Mining & Smelting has a twelve month low of $8.65 and a twelve month high of $34.91. The firm has a fifty day moving average of $31.53 and a 200-day moving average of $43.39.

Mitsui Mining & Smelting Company Profile

Mitsui Mining & Smelting Co, Ltd. is a Japanese materials and metals company engaged in the development, production and sale of nonferrous metals, functional materials and components. Its operations include metal smelting and refining, resource recycling, and the manufacture of materials used in electronics, energy and automotive applications.

The company’s products and services include copper foil and other electronic materials, semiconductor and circuit-board materials, battery-related materials, precious- and base-metal products, and recycled metals.