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

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) was the target of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 60,000 shares, a decrease of 33.0% from the January 15th total of 89,500 shares. Based on an average daily volume of 188,700 shares, the short-interest ratio is presently 0.3 days.

Mitsubishi Estate Price Performance

MITEY traded up $0.05 during midday trading on Friday, reaching $14.53. 34,102 shares of the company’s stock traded hands, compared to its average volume of 108,236. The firm has a fifty day moving average of $13.96 and a two-hundred day moving average of $14.93. The stock has a market capitalization of $18.17 billion, a price-to-earnings ratio of 15.62 and a beta of 0.47. Mitsubishi Estate has a 52 week low of $12.78 and a 52 week high of $20.40.

Mitsubishi Estate (OTCMKTS:MITEY) last released its quarterly earnings results on Friday, February 7th. The company reported $0.28 EPS for the quarter. Mitsubishi Estate had a return on equity of 5.27% and a net margin of 11.39%.

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.