Short Interest in Mitsubishi Motors Co. (OTCMKTS:MMTOF) Increases By 24.6%

Mitsubishi Motors Co. (OTCMKTS:MMTOF) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 1,648,400 shares, a growth of 24.6% from the January 15th total of 1,323,300 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is currently 749.3 days.

Mitsubishi Motors Price Performance

Mitsubishi Motors stock remained flat at $2.57 during midday trading on Friday. The company had a trading volume of 66 shares, compared to its average volume of 2,114. The business has a 50-day simple moving average of $3.04 and a 200-day simple moving average of $2.83. Mitsubishi Motors has a 12 month low of $2.36 and a 12 month high of $3.66.

About Mitsubishi Motors

Mitsubishi Motors Corporation, together with its subsidiaries, engages in the development, production, and sale of passenger vehicles, and its parts and components in Japan, Europe, North America, Oceania, the rest of Asia, and internationally. Its products include EVs/PHEVs, SUVs, pickup trucks, MPVs, and cars under the Mitsubishi brand.