Short Interest in Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Decreases By 88.1%

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMYGet Free Report) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 104 shares, a drop of 88.1% from the April 30th total of 876 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is currently 0.0 days.

Mitsui Mining & Smelting Price Performance

Mitsui Mining & Smelting stock remained flat at $67.58 during mid-day trading on Thursday. 118 shares of the company’s stock were exchanged, compared to its average volume of 3,061. Mitsui Mining & Smelting has a 12 month low of $5.88 and a 12 month high of $69.83. The stock’s fifty day simple moving average is $49.17 and its two-hundred day simple moving average is $36.16.

About Mitsui Mining & Smelting

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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.

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