Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Shares Shorted: Short Interest Up 81.7% in September

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

Mitsui Mining & Smelting Stock Performance

OTCMKTS MMSMY traded down $0.72 during trading on Tuesday, reaching $28.51. The company’s stock had a trading volume of 4,880 shares, compared to its average volume of 9,890. Mitsui Mining & Smelting has a 12 month low of $16.00 and a 12 month high of $69.83. The firm has a 50 day moving average price of $34.92 and a 200 day moving average price of $44.67.

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.