Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Short Interest Down 27.1% in December

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,633 shares, a drop of 27.1% from the November 30th total of 2,239 shares. Based on an average daily volume of 4,495 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 4,495 shares, the short-interest ratio is presently 0.4 days.

Mitsui Mining & Smelting Price Performance

Shares of OTCMKTS MMSMY traded down $0.85 during trading hours on Wednesday, hitting $22.56. 497 shares of the stock were exchanged, compared to its average volume of 5,643. Mitsui Mining & Smelting has a one year low of $4.89 and a one year high of $29.65. The company’s 50 day moving average is $22.23 and its 200 day moving average is $15.14.

About Mitsui Mining & Smelting

Mitsui Mining & Smelting Co, Ltd. is a Tokyo-based nonferrous metals producer and a member of the Mitsui Group. The company specializes in the smelting, refining and marketing of base metals, including copper, zinc and lead, as well as precious metals such as gold and silver. With a history spanning back to its early 20th-century origins, Mitsui Mining & Smelting has built a reputation for technical expertise in metallurgical processes and materials science.

The company’s core business segments encompass traditional metals operations and advanced functional materials.