Mitsubishi Motors Co. (OTCMKTS:MMTOF) Short Interest Update

Mitsubishi Motors Co. (OTCMKTS:MMTOF) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 1,648,400 shares, an increase of 24.6% from the January 15th total of 1,323,300 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is currently 749.3 days.

Mitsubishi Motors Stock Performance

Shares of Mitsubishi Motors stock remained flat at $2.57 during trading on Friday. 66 shares of the stock were exchanged, compared to its average volume of 2,114. The firm’s fifty day simple moving average is $3.04 and its two-hundred day simple moving average is $2.83. Mitsubishi Motors has a 1-year low of $2.36 and a 1-year high of $3.66.

About Mitsubishi Motors

Mitsubishi Motors Corporation, together with its subsidiaries, engages in the development, production, and sale of passenger vehicles, and its parts and components in Japan, Europe, North America, Oceania, the rest of Asia, and internationally. Its products include EVs/PHEVs, SUVs, pickup trucks, MPVs, and cars under the Mitsubishi brand.