MISUMI Group Inc. (OTCMKTS:MSSMY) Short Interest Down 69.6% in June

MISUMI Group Inc. (OTCMKTS:MSSMYGet Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,086 shares, a decrease of 69.6% from the June 15th total of 3,568 shares. Based on an average trading volume of 1,469 shares, the days-to-cover ratio is presently 0.7 days.

MISUMI Group Stock Performance

Shares of MSSMY stock remained flat at $12.78 on Monday. 90 shares of the company were exchanged, compared to its average volume of 1,220. The stock’s 50-day simple moving average is $11.45 and its two-hundred day simple moving average is $9.83. MISUMI Group has a 1 year low of $6.20 and a 1 year high of $12.78.

MISUMI Group Company Profile

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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.

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