Short Interest in Mitsui Chemicals, Inc. (OTCMKTS:MITUY) Drops By 18.2%

Mitsui Chemicals, Inc. (OTCMKTS:MITUY) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 900 shares, a drop of 18.2% from the March 31st total of 1,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 9.0 days.

Mitsui Chemicals Stock Performance

Shares of OTCMKTS:MITUY traded up $0.21 during mid-day trading on Monday, hitting $14.31. 670 shares of the company traded hands, compared to its average volume of 2,098. Mitsui Chemicals has a 52-week low of $12.07 and a 52-week high of $15.46. The firm’s 50 day simple moving average is $14.22 and its 200 day simple moving average is $14.10.

Mitsui Chemicals Company Profile

Mitsui Chemicals, Inc engages in the mobility, life and health care, basic and green materials, ICT, and other businesses worldwide. The company's develops elastomers, performance compounds, polypropylene compounds, and other materials; offers vision care materials, nonwoven fabrics and personal care materials, agrochemical products, and oral care and orthopedic materials.