Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY – Get Free Report) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 32,400 shares, a drop of 46.0% from the January 31st total of 60,000 shares. Based on an average trading volume of 147,700 shares, the days-to-cover ratio is currently 0.2 days.
Mitsubishi Estate Stock Performance
Shares of MITEY opened at $14.67 on Friday. Mitsubishi Estate has a fifty-two week low of $12.78 and a fifty-two week high of $20.40. The business has a 50-day moving average of $14.11 and a 200 day moving average of $14.87. The firm has a market cap of $18.35 billion, a P/E ratio of 14.24 and a beta of 0.47.
Mitsubishi Estate (OTCMKTS:MITEY – Get Free Report) last issued its earnings results on Friday, February 7th. The company reported $0.28 EPS for the quarter. Mitsubishi Estate had a return on equity of 5.27% and a net margin of 12.13%.
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.
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