Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) Short Interest Update

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEYGet Free Report) was the recipient of a large decline in short interest in November. As of November 30th, there was short interest totalling 1,500 shares, a decline of 51.6% from the November 15th total of 3,100 shares. Based on an average daily volume of 256,200 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised Mitsubishi Estate to a “strong-buy” rating in a research note on Friday, August 16th.

Check Out Our Latest Stock Report on Mitsubishi Estate

Mitsubishi Estate Stock Up 0.2 %

OTCMKTS:MITEY traded up $0.03 on Thursday, hitting $14.00. The stock had a trading volume of 89,893 shares, compared to its average volume of 53,032. The company has a fifty day moving average price of $14.68 and a two-hundred day moving average price of $15.68. Mitsubishi Estate has a 1-year low of $12.97 and a 1-year high of $20.40. The stock has a market cap of $17.51 billion, a price-to-earnings ratio of 15.02 and a beta of 0.47.

About Mitsubishi Estate

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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.

Further Reading

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