MISUMI Group Inc. (OTCMKTS:MSSMY – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 5 shares, a drop of 88.1% from the May 14th total of 42 shares. Based on an average daily trading volume, of 198 shares, the days-to-cover ratio is presently 0.0 days.
MISUMI Group Price Performance
MSSMY stock remained flat at $11.45 during mid-day trading on Thursday. 5,591 shares of the company’s stock traded hands, compared to its average volume of 1,225. MISUMI Group has a 52-week low of $6.20 and a 52-week high of $11.65. The stock’s 50 day moving average is $10.20 and its two-hundred day moving average is $9.13.
About MISUMI Group
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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