Short Interest in Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Drops By 50.0%

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY – Get Rating) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 100 shares, a decline of 50.0% from the April 30th total of 200 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 0.1 days.

Mitsubishi Chemical Group Stock Performance

MTLHY stock traded up $0.10 during trading on Friday, reaching $28.85. 224 shares of the company’s stock were exchanged, compared to its average volume of 1,342. Mitsubishi Chemical Group has a 1-year low of $21.93 and a 1-year high of $30.72. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.89. The company’s fifty day moving average price is $29.26 and its 200-day moving average price is $27.80. The firm has a market cap of $8.69 billion, a PE ratio of 10.85 and a beta of 0.47.

Mitsubishi Chemical Group (OTCMKTS:MTLHY – Get Rating) last posted its quarterly earnings data on Friday, May 12th. The company reported $2.10 EPS for the quarter. Mitsubishi Chemical Group had a return on equity of 5.20% and a net margin of 2.19%. The company had revenue of $9.29 billion for the quarter.

Mitsubishi Chemical Group Company Profile

(Get Rating)

Mitsubishi Chemical Group Corp. engages in the management of its group companies. It operates through the following segments: Functional Products, Chemicals, Industrial Gas, and Healthcare. The Functional Products segment sells electronics, displays, films, environment and life solutions, molding materials, polymers, chemicals, and new energy to domestic and overseas customers.