Short Interest in Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Increases By 34.1%

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 946,300 shares, an increase of 34.1% from the March 31st total of 705,500 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 378.5 days.

Mitsubishi Chemical Group Stock Performance

MTLHF opened at $6.33 on Friday. Mitsubishi Chemical Group has a twelve month low of $5.35 and a twelve month high of $6.51. The company has a fifty day moving average of $5.98 and a 200-day moving average of $5.97.

Mitsubishi Chemical Group Company Profile

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. The company offers polyester films for various applications, including optical materials, for electronic displays; industrial materials for electronic components, automotive parts, and medical equipment; and packaging materials for food and other products.