Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Short Interest Update

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 1,419,100 shares, an increase of 24.2% from the October 31st total of 1,142,700 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 4,730.3 days.

Mitsubishi Chemical Group Stock Performance

MTLHF stock opened at $5.43 on Monday. The company’s 50 day simple moving average is $6.00 and its 200-day simple moving average is $5.72. Mitsubishi Chemical Group has a 52-week low of $4.92 and a 52-week high of $6.93.

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.