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

Mitsubishi Estate Co. (OTCMKTS:MITEY) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 7,891 shares, a decrease of 70.1% from the April 30th total of 26,385 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 88,601 shares, the days-to-cover ratio is presently 0.1 days.

Mitsubishi Estate Stock Performance

OTCMKTS:MITEY opened at $25.41 on Friday. The firm has a market capitalization of $30.93 billion, a PE ratio of 21.35 and a beta of 0.16. The business’s fifty day moving average price is $27.83 and its 200 day moving average price is $26.92. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.97 and a quick ratio of 1.39. Mitsubishi Estate has a 12 month low of $17.23 and a 12 month high of $35.17.

About Mitsubishi Estate

Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.

The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.