Short Interest in Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Grows By 533.3%

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHYGet Free Report) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,900 shares, an increase of 533.3% from the October 31st total of 300 shares. Based on an average daily volume of 14,900 shares, the short-interest ratio is currently 0.1 days.

Mitsubishi Chemical Group Stock Performance

Shares of OTCMKTS:MTLHY traded down $0.82 on Friday, hitting $27.26. 335 shares of the company were exchanged, compared to its average volume of 4,408. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.81 and a current ratio of 1.31. The company’s 50 day moving average price is $28.95 and its two-hundred day moving average price is $28.64. Mitsubishi Chemical Group has a one year low of $25.16 and a one year high of $34.45. The firm has a market capitalization of $7.76 billion, a price-to-earnings ratio of 12.86 and a beta of 0.37.

Mitsubishi Chemical Group (OTCMKTS:MTLHYGet Free Report) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.03 EPS for the quarter. Mitsubishi Chemical Group had a return on equity of 4.04% and a net margin of 2.07%. The firm had revenue of $7.48 billion during the quarter.

About Mitsubishi Chemical Group

(Get Free Report)

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.

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