Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Sees Large Growth in Short Interest

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 2,395,700 shares, an increase of 25.7% from the March 15th total of 1,905,500 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 1,409.2 days.

Mitsubishi Chemical Group Stock Performance

Shares of MTLHF stock opened at $4.21 on Tuesday. The stock’s fifty day moving average price is $5.03 and its 200 day moving average price is $5.32. Mitsubishi Chemical Group has a 1-year low of $4.21 and a 1-year high of $6.93.

About Mitsubishi Chemical Group

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.