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

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) saw a significant increase in short interest during 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 trading volume of 14,900 shares, the short-interest ratio is currently 0.1 days.

Mitsubishi Chemical Group Trading Down 2.9 %

MTLHY stock traded down $0.82 during trading on Friday, hitting $27.26. The company had a trading volume of 335 shares, compared to its average volume of 4,408. The stock has a market cap of $7.76 billion, a price-to-earnings ratio of 12.86 and a beta of 0.37. The company has a quick ratio of 0.81, a current ratio of 1.31 and a debt-to-equity ratio of 0.69. The firm has a 50-day moving average price of $28.95 and a 200-day moving average price of $28.64. Mitsubishi Chemical Group has a 12 month low of $25.16 and a 12 month high of $34.45.

Mitsubishi Chemical Group (OTCMKTS:MTLHY) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $7.48 billion for the quarter. Mitsubishi Chemical Group had a return on equity of 4.04% and a net margin of 2.07%.

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.