Short Interest in Mitsui Chemicals, Inc. (OTCMKTS:MITUY) Grows By 72.3%

Mitsui Chemicals, Inc. (OTCMKTS:MITUY) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 615 shares, an increase of 72.3% from the April 15th total of 357 shares. Based on an average daily volume of 177 shares, the days-to-cover ratio is currently 3.5 days.

Mitsui Chemicals Stock Performance

MITUY stock remained flat at $11.21 on Tuesday. The business’s 50 day moving average price is $11.84 and its two-hundred day moving average price is $12.25. Mitsui Chemicals has a twelve month low of $10.24 and a twelve month high of $15.30.

About Mitsui Chemicals

Mitsui Chemicals, Inc, a member of the Mitsui Group and headquartered in Tokyo, Japan, is a leading global chemical manufacturer serving a wide range of industries. The company develops, produces and markets an extensive portfolio of chemical products, from basic petrochemicals and performance materials to advanced functional solutions. Its operations span the full value chain, including research and development, manufacturing and sales of a diverse array of specialty chemicals and plastics.

The firm’s primary business activities are organized into several segments.