MISUMI Group Inc. (OTCMKTS:MSSMY) Sees Significant Drop in Short Interest

MISUMI Group Inc. (OTCMKTS:MSSMY) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 1,400 shares, a decline of 12.5% from the December 31st total of 1,600 shares. Based on an average daily volume of 48,100 shares, the days-to-cover ratio is presently 0.0 days.

MISUMI Group Trading Up 2.1 %

Shares of OTCMKTS:MSSMY traded up $0.16 during trading hours on Monday, hitting $7.92. The company’s stock had a trading volume of 8,560 shares, compared to its average volume of 19,608. MISUMI Group has a 52 week low of $6.63 and a 52 week high of $9.94. The firm’s fifty day moving average price is $7.73 and its 200 day moving average price is $8.35.

About MISUMI Group

MISUMI Group Inc engages in the factory automation and die components businesses worldwide. The company operates through three segments: FA Business, Die Components Business, and VONA Business. It offers mechanical components, including shafts, timing pulleys, linear bushings, and flat belt conveyors; and locator devices and measurement equipment, such as automatic stage units, actuators, optical measurement devices, and optical waveguide alignment products.