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

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

Mitsubishi Materials Stock Performance

Shares of OTCMKTS:MIMTF opened at C$15.88 on Wednesday. The company’s fifty day moving average is C$15.61 and its 200-day moving average is C$16.81. Mitsubishi Materials has a 52 week low of C$15.59 and a 52 week high of C$20.00.

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.