Short Interest in Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMY) Declines By 93.7%

Mitsui Mining & Smelting Co., Ltd. (OTCMKTS:MMSMYGet Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 800 shares, a drop of 93.7% from the June 30th total of 12,799 shares. Based on an average trading volume of 23,446 shares, the short-interest ratio is presently 0.0 days.

Mitsui Mining & Smelting Price Performance

Shares of MMSMY traded down $1.45 during midday trading on Friday, hitting $38.86. The company had a trading volume of 11,029 shares, compared to its average volume of 5,031. The company’s 50 day moving average price is $52.52 and its 200 day moving average price is $44.26. Mitsui Mining & Smelting has a 52 week low of $8.95 and a 52 week high of $69.83.

About Mitsui Mining & Smelting

(Get Free Report)

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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