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

Mitsubishi Materials Co. (OTCMKTS:MIMTF) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 910,200 shares, an increase of 64.7% from the February 13th total of 552,600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 9,102.0 days.

Mitsubishi Materials Price Performance

Mitsubishi Materials stock remained flat at C$15.59 during trading hours on Friday. Mitsubishi Materials has a 12-month low of C$15.59 and a 12-month high of C$20.00. The business has a fifty day moving average price of C$15.96 and a 200 day moving average price of C$17.01.

Mitsubishi Materials Company Profile

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.