Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Short Interest Up 66.7% in March

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a growth of 66.7% from the February 28th total of 300 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 0.5 days.

Mitsubishi Chemical Group Price Performance

Shares of MTLHY remained flat at $26.20 during trading hours on Friday. The stock had a trading volume of 147 shares, compared to its average volume of 794. The stock has a market capitalization of $7.45 billion, a P/E ratio of 15.23 and a beta of 0.35. The business’s fifty day simple moving average is $25.98 and its two-hundred day simple moving average is $27.20. Mitsubishi Chemical Group has a 12 month low of $23.77 and a 12 month high of $34.45. The company has a current ratio of 1.31, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69.

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

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.