Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY – Get Free Report) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 5,187 shares, a decrease of 36.5% from the July 30th total of 8,166 shares. Based on an average daily volume of 31,089 shares, the short-interest ratio is currently 0.2 days.
Mitsui Mining & Smelting Stock Down 6.5%
MMSMY stock opened at $35.00 on Wednesday. The stock has a 50-day simple moving average of $40.95 and a two-hundred day simple moving average of $46.14. Mitsui Mining & Smelting has a twelve month low of $13.55 and a twelve month high of $69.83.
About Mitsui Mining & Smelting
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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