Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) Short Interest Up 234.4% in January

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 43,800 shares, a growth of 234.4% from the December 31st total of 13,100 shares. Based on an average trading volume of 285,800 shares, the short-interest ratio is currently 0.2 days.

Mitsubishi Estate Stock Performance

Shares of Mitsubishi Estate stock traded up $0.35 during trading hours on Wednesday, hitting $14.72. The company’s stock had a trading volume of 58,161 shares, compared to its average volume of 120,388. The business has a 50 day moving average price of $13.82 and a two-hundred day moving average price of $15.12. Mitsubishi Estate has a 12-month low of $12.78 and a 12-month high of $20.40. The company has a market cap of $18.41 billion, a PE ratio of 15.83 and a beta of 0.47.

Mitsubishi Estate (OTCMKTS:MITEY) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.07 EPS for the quarter. The business had revenue of $2.10 billion for the quarter. Mitsubishi Estate had a return on equity of 5.27% and a net margin of 11.39%.

About Mitsubishi Estate

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.