MISUMI Group Inc. (OTCMKTS:MSSMY – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,345 shares, an increase of 4,238.7% from the September 30th total of 31 shares. Based on an average daily trading volume, of 780 shares, the short-interest ratio is presently 1.7 days.
MISUMI Group Stock Performance
OTCMKTS:MSSMY remained flat at $10.36 during trading hours on Monday. The company’s stock had a trading volume of 231 shares, compared to its average volume of 1,173. MISUMI Group has a 52 week low of $6.64 and a 52 week high of $13.03. The business’s 50-day simple moving average is $11.76 and its two-hundred day simple moving average is $11.38.
About MISUMI Group
MISUMI Group Inc is a Japan-based company that provides mechanical components, manufacturing supplies, and related services to industrial customers. Its product offerings include components for factory automation, mechanical machinery, press dies, plastic molds, and other manufacturing applications. The company serves businesses that require standardized and configurable parts for equipment design, production, and maintenance.
MISUMI operates an extensive catalog-based business model, allowing customers to select product specifications and order components through its digital platforms.
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