Short Interest in Mitsubishi Co. (OTCMKTS:MSBHF) Declines By 41.5%

Mitsubishi Co. (OTCMKTS:MSBHF) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 2,305,100 shares, a decline of 41.5% from the March 31st total of 3,941,300 shares. Based on an average daily trading volume, of 46,600 shares, the days-to-cover ratio is presently 49.5 days.

Mitsubishi Stock Performance

Shares of MSBHF traded down $0.16 during midday trading on Friday, hitting $22.64. 76,711 shares of the company traded hands, compared to its average volume of 69,103. The firm has a 50 day moving average of $22.46 and a 200-day moving average of $18.43. Mitsubishi has a 52 week low of $11.94 and a 52 week high of $24.52. The company has a quick ratio of 1.06, a current ratio of 1.36 and a debt-to-equity ratio of 0.35.

About Mitsubishi

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.