Mitsui Chemicals, Inc. (OTCMKTS:MITUY) Stock Short Interest Drops 75.4%

Mitsui Chemicals, Inc. (OTCMKTS:MITUY – Get Free Report) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 106 shares, a drop of 75.4% from the August 31st total of 431 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 106.0 days.

Mitsui Chemicals Price Performance

MITUY remained flat at $12.05 during trading on Friday. Mitsui Chemicals has a one year low of $10.24 and a one year high of $15.30. The company has a fifty day moving average of $12.15 and a two-hundred day moving average of $11.85.

About Mitsui Chemicals

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Mitsui Chemicals, Inc is a Japan-based chemical company that develops and manufactures materials for industrial and consumer applications. Its portfolio includes basic chemicals, performance polymers, polyurethanes, elastomers, coatings and adhesives, films, and other specialty materials used in transportation, packaging, electronics, construction, agriculture and healthcare.

The company’s mobility-related products support automotive and transportation applications, while its healthcare businesses include vision-care materials, dental materials, medical and hygiene products, and other specialized materials.

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