Short Interest in Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) Rises By 234.4%

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 43,800 shares, an increase of 234.4% from the December 15th total of 13,100 shares. Based on an average daily volume of 285,800 shares, the days-to-cover ratio is presently 0.2 days.

Mitsubishi Estate Stock Up 1.8 %

OTCMKTS MITEY opened at $13.60 on Thursday. The firm has a market cap of $17.01 billion, a PE ratio of 14.62 and a beta of 0.47. The company has a 50 day moving average price of $13.83 and a 200 day moving average price of $15.27. Mitsubishi Estate has a 52 week low of $12.78 and a 52 week high of $20.40.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.