Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Short Interest Up 150.0% in March

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, a growth of 150.0% from the February 29th total of 600 shares. Based on an average trading volume of 2,500 shares, the short-interest ratio is presently 0.6 days.

Mitsubishi Chemical Group Price Performance

Shares of Mitsubishi Chemical Group stock remained flat at $30.90 during trading on Thursday. 349 shares of the company were exchanged, compared to its average volume of 1,609. The company has a quick ratio of 0.86, a current ratio of 1.34 and a debt-to-equity ratio of 0.75. Mitsubishi Chemical Group has a 52 week low of $27.59 and a 52 week high of $33.97. The company has a fifty day moving average price of $29.27 and a 200 day moving average price of $30.59. The company has a market cap of $8.79 billion, a price-to-earnings ratio of 6.73 and a beta of 0.34.

Mitsubishi Chemical Group (OTCMKTS:MTLHY) last released its earnings results on Tuesday, February 6th. The company reported $0.83 earnings per share (EPS) for the quarter. Mitsubishi Chemical Group had a net margin of 4.15% and a return on equity of 8.79%. The company had revenue of $7.42 billion for the quarter.

Mitsubishi Chemical Group Company Profile

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.