Short Interest in Mitsui Chemicals, Inc. (OTCMKTS:MITUY) Declines By 57.1%

Mitsui Chemicals, Inc. (OTCMKTS:MITUYGet Rating) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totalling 300 shares, a decline of 57.1% from the April 15th total of 700 shares. Based on an average daily volume of 4,700 shares, the short-interest ratio is presently 0.1 days.

Separately, Jefferies Financial Group raised Mitsui Chemicals from an “underperform” rating to a “buy” rating in a research report on Monday, April 4th.

Shares of OTCMKTS MITUY remained flat at $$11.43 during trading hours on Friday. The firm has a 50 day simple moving average of $11.91 and a two-hundred day simple moving average of $13.17. Mitsui Chemicals has a 1 year low of $10.92 and a 1 year high of $18.32.

About Mitsui Chemicals (Get Rating)

Mitsui Chemicals, Inc engages in the mobility, health care, food and packaging, basic materials, and other businesses. The company's Mobility segment develops elastomers, performance compounds, functional polymers, polypropylene compounds, and performance polymers; and offers services related to the development of automotive and industrial products.

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