Short Interest in MISUMI Group Inc. (OTCMKTS:MSSMY) Declines By 54.7%

MISUMI Group Inc. (OTCMKTS:MSSMY) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 5,300 shares, a decrease of 54.7% from the October 15th total of 11,700 shares. Based on an average daily volume of 27,300 shares, the short-interest ratio is currently 0.2 days.

MISUMI Group Price Performance

Shares of OTCMKTS MSSMY traded up 0.03 during trading on Wednesday, reaching 7.89. The stock had a trading volume of 7,000 shares, compared to its average volume of 65,844. MISUMI Group has a one year low of 6.63 and a one year high of 9.94. The firm’s 50 day moving average price is 8.69 and its two-hundred day moving average price is 8.67.

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.