Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Stock Short Interest Jumps 81.7%

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 11,445 shares, a growth of 81.7% from the August 31st total of 6,300 shares. Based on an average daily trading volume, of 59,687 shares, the days-to-cover ratio is presently 0.2 days.

Mitsui Mining & Smelting Stock Up 10.4%

Shares of OTCMKTS:MMSMY traded up $2.99 during midday trading on Thursday, reaching $31.69. The company had a trading volume of 2,252 shares, compared to its average volume of 9,885. The stock’s fifty day moving average price is $34.45 and its 200-day moving average price is $44.51. Mitsui Mining & Smelting has a one year low of $16.00 and a one year high of $69.83.

About Mitsui Mining & Smelting

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.