Short Interest in Mitsubishi Materials Co. (OTCMKTS:MIMTF) Drops By 15.4%

Mitsubishi Materials Co. (OTCMKTS:MIMTF) saw a significant decrease in short interest during the month of 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 daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Mitsubishi Materials Price Performance

Shares of OTCMKTS:MIMTF opened at C$15.88 on Tuesday. The company’s fifty day moving average price is C$15.60 and its 200-day moving average price is C$16.83. Mitsubishi Materials has a one year low of C$15.59 and a one year high of C$20.00.

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.