Short Interest in Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Decreases By 60.0%

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totalling 200 shares, a decrease of 60.0% from the June 15th total of 500 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is presently 0.1 days.

Mitsubishi Chemical Group Stock Performance

MTLHY stock traded up $1.59 during mid-day trading on Thursday, reaching $29.60. 497 shares of the stock traded hands, compared to its average volume of 1,709. The firm has a market capitalization of $8.42 billion, a PE ratio of 10.35 and a beta of 0.34. The business has a 50-day moving average of $27.26 and a two-hundred day moving average of $28.90. Mitsubishi Chemical Group has a 52 week low of $25.16 and a 52 week high of $33.97. The company has a quick ratio of 0.81, a current ratio of 1.27 and a debt-to-equity ratio of 0.70.

Mitsubishi Chemical Group (OTCMKTS:MTLHY) last released its earnings results on Wednesday, May 15th. The company reported $0.37 earnings per share (EPS) for the quarter. Mitsubishi Chemical Group had a return on equity of 5.44% and a net margin of 2.75%. The firm had revenue of $7.69 billion for the quarter.

About Mitsubishi Chemical Group

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. The company offers polyester films for various applications, including optical materials, for electronic displays; industrial materials for electronic components, automotive parts, and medical equipment; and packaging materials for food and other products.