Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) Short Interest Up 155.0% in July

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 32,900 shares, an increase of 155.0% from the July 15th total of 12,900 shares. Based on an average trading volume of 87,300 shares, the days-to-cover ratio is presently 0.4 days.

Mitsubishi Estate Stock Performance

Shares of Mitsubishi Estate stock traded up $0.13 during trading on Tuesday, hitting $15.71. 34,779 shares of the stock were exchanged, compared to its average volume of 47,366. The company has a current ratio of 2.10, a quick ratio of 1.46 and a debt-to-equity ratio of 1.28. The company has a fifty day moving average price of $16.11 and a 200-day moving average price of $16.51. The stock has a market capitalization of $19.97 billion, a price-to-earnings ratio of 17.31 and a beta of 0.47. Mitsubishi Estate has a 1-year low of $11.32 and a 1-year high of $20.40.

Mitsubishi Estate (OTCMKTS:MITEY) last announced its quarterly earnings results on Friday, May 10th. The company reported $0.39 earnings per share for the quarter. Mitsubishi Estate had a return on equity of 5.36% and a net margin of 11.10%. The firm had revenue of $3.89 billion for the quarter.

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.