Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Sees Significant Growth in Short Interest

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 300 shares, an increase of 200.0% from the February 13th total of 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 600 shares, the short-interest ratio is presently 0.5 days.

Mitsubishi Chemical Group Price Performance

Shares of Mitsubishi Chemical Group stock remained flat at $25.98 during trading on Thursday. 1 shares of the company traded hands, compared to its average volume of 782. The firm’s 50 day moving average is $25.71 and its 200-day moving average is $27.54. Mitsubishi Chemical Group has a one year low of $23.77 and a one year high of $34.45. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 1.31. The stock has a market capitalization of $7.39 billion, a PE ratio of 15.10 and a beta of 0.35.

Mitsubishi Chemical Group (OTCMKTS:MTLHY) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.43 earnings per share for the quarter. Mitsubishi Chemical Group had a return on equity of 3.18% and a net margin of 1.66%.

About Mitsubishi Chemical Group

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.