MISUMI Group Inc. (OTCMKTS:MSSMY – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,345 shares, a growth of 4,238.7% from the September 30th total of 31 shares. Based on an average daily volume of 780 shares, the short-interest ratio is currently 1.7 days.
MISUMI Group Stock Performance
Shares of MSSMY opened at $10.36 on Wednesday. The company has a 50-day simple moving average of $11.71 and a 200-day simple moving average of $10.65. MISUMI Group has a 52-week low of $6.64 and a 52-week high of $13.03.
MISUMI Group Company Profile
MISUMI Group Inc is a Japan-based company that provides mechanical components, manufacturing supplies, and related services to industrial customers. Its product offerings include components for factory automation, mechanical machinery, press dies, plastic molds, and other manufacturing applications. The company serves businesses that require standardized and configurable parts for equipment design, production, and maintenance.
MISUMI operates an extensive catalog-based business model, allowing customers to select product specifications and order components through its digital platforms.
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