Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Sees Large Increase in Short Interest

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 40,922 shares, a growth of 674.0% from the September 30th total of 5,287 shares. Based on an average trading volume of 24,581 shares, the short-interest ratio is presently 1.7 days.

Mitsui Mining & Smelting Trading Up 3.5%

Mitsui Mining & Smelting stock traded up $0.46 during trading hours on Wednesday, hitting $13.76. The stock had a trading volume of 33,561 shares, compared to its average volume of 20,356. The company has a 50-day moving average of $26.21 and a two-hundred day moving average of $39.52. Mitsui Mining & Smelting has a fifty-two week low of $9.48 and a fifty-two week high of $34.91.

Mitsui Mining & Smelting Company Profile

Mitsui Mining & Smelting Co, Ltd., also known as Mitsui Kinzoku, is a Japan-based materials and metals company. Its activities include the production, processing and recycling of nonferrous metals, as well as the development of advanced materials used in automotive, electronics, semiconductor and energy-related applications.

The company’s products and services include zinc, copper and precious-metal materials; metal recycling; battery and energy-storage materials; electronic and semiconductor materials; automotive components; catalysts; and other functional materials.