Mitsubishi Materials Co. (OTCMKTS:MIMTF) Sees Large Decrease in Short Interest

Mitsubishi Materials Co. (OTCMKTS:MIMTF) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 770,400 shares, a decrease of 15.4% from the February 28th total of 910,200 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Mitsubishi Materials Trading Down 7.9 %

Shares of MIMTF stock opened at C$15.88 on Wednesday. Mitsubishi Materials has a 12 month low of C$15.59 and a 12 month high of C$20.00. The stock has a 50 day moving average of C$15.61 and a two-hundred day moving average of C$16.81.

About Mitsubishi Materials

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.