MISUMI Group Inc. (OTCMKTS:MSSMY) Sees Significant Growth in Short Interest

MISUMI Group Inc. (OTCMKTS:MSSMYGet Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 3,568 shares, an increase of 71,260.0% from the May 31st total of 5 shares. Based on an average trading volume of 1,616 shares, the short-interest ratio is presently 2.2 days.

MISUMI Group Stock Performance

Shares of MSSMY remained flat at $12.00 during trading hours on Thursday. The stock had a trading volume of 46 shares, compared to its average volume of 1,259. MISUMI Group has a 12-month low of $6.20 and a 12-month high of $12.00. The firm’s 50 day simple moving average is $10.78 and its 200 day simple moving average is $9.43.

MISUMI Group Company Profile

(Get Free Report)

MISUMI Group Inc is a Tokyo-based industrial supplier specializing in configurable components and automation solutions for the manufacturing sector. Through its proprietary e-catalog platform, the company offers a broad portfolio of mechanical parts, including linear motion systems, bearings, fasteners and workholding devices. Customers can select from a vast library of standard items or specify custom dimensions online, with real-time CAD downloads and instant pricing to support rapid design cycles.

In addition to off-the-shelf components, MISUMI Group provides precision press-die and plastic-mold parts under its Die Components business.

Featured Articles

Receive News & Ratings for MISUMI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MISUMI Group and related companies with MarketBeat.com's FREE daily email newsletter.