Mitsubishi Materials Co. (OTCMKTS:MIMTF) Short Interest Update

Mitsubishi Materials Co. (OTCMKTS:MIMTFGet Free Report) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 156,800 shares, a growth of 160.5% from the May 15th total of 60,200 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 156.8 days.

Mitsubishi Materials Stock Performance

Shares of OTCMKTS MIMTF remained flat at C$19.33 during midday trading on Friday. The business has a 50-day moving average of C$18.80 and a two-hundred day moving average of C$17.79. Mitsubishi Materials has a 52 week low of C$17.39 and a 52 week high of C$20.00.

Mitsubishi Materials Company Profile

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Mitsubishi Materials Corporation, together with its subsidiaries, engages in metals, metalworking solutions, cement, environment and energy, and electronic materials businesses in Japan. The company offers automotive products, including engine, drive system, and onboard equipment parts and materials; exterior parts and materials; electronic parts and materials; hybrid, EV, and fuel cell car parts and materials; tools; recycling, and green products and materials; environment and recycle technology; energy recovery resources, such as shredder residue, batteries, and e-scrap; and recycling facilities.

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