Short Interest in MISUMI Group Inc. (OTCMKTS:MSSMY) Decreases By 21.0%

MISUMI Group Inc. (OTCMKTS:MSSMY) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 4,154 shares, a decrease of 21.0% from the March 31st total of 5,261 shares. Based on an average daily volume of 430 shares, the days-to-cover ratio is presently 9.7 days.

MISUMI Group Stock Performance

MSSMY remained flat at $11.36 on Friday. 446 shares of the company were exchanged, compared to its average volume of 1,361. The business has a 50-day moving average price of $9.29 and a 200 day moving average price of $8.45. MISUMI Group has a 52-week low of $6.20 and a 52-week high of $11.36.

MISUMI Group Company Profile

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.