Mitsubishi Materials Co. (OTCMKTS:MIMTF) Short Interest Down 30.2% in October

Mitsubishi Materials Co. (OTCMKTS:MIMTF) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 367,100 shares, a decline of 30.2% from the September 30th total of 525,800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Mitsubishi Materials Stock Performance

Shares of MIMTF stock remained flat at C$18.00 during trading hours on Monday. Mitsubishi Materials has a 12-month low of C$15.45 and a 12-month high of C$18.00. The company’s 50-day moving average price is C$17.33 and its two-hundred day moving average price is C$16.41.

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.