Mitsui Chemicals, Inc. (OTCMKTS:MITUY) Sees Large Growth in Short Interest

Mitsui Chemicals, Inc. (OTCMKTS:MITUY) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 800 shares, a growth of 700.0% from the February 13th total of 100 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 2.0 days.

Mitsui Chemicals Stock Performance

Mitsui Chemicals stock remained flat at $11.14 during mid-day trading on Thursday. The company has a fifty day simple moving average of $10.93 and a two-hundred day simple moving average of $11.59. Mitsui Chemicals has a twelve month low of $9.02 and a twelve month high of $15.34.

About Mitsui Chemicals

Mitsui Chemicals, Inc engages in the mobility, life and health care, basic and green materials, ICT, and other businesses worldwide. The company's develops elastomers, performance compounds, polypropylene compounds, and other materials; offers vision care materials, nonwoven fabrics and personal care materials, agrochemical products, and oral care and orthopedic materials.