Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Short Interest Up 66.7% in March

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 500 shares, an increase of 66.7% from the February 28th total of 300 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are sold short.

Mitsubishi Chemical Group Price Performance

OTCMKTS:MTLHY remained flat at $26.20 during trading hours on Monday. 147 shares of the company were exchanged, compared to its average volume of 794. Mitsubishi Chemical Group has a 12-month low of $23.77 and a 12-month high of $34.45. The company has a quick ratio of 0.82, a current ratio of 1.31 and a debt-to-equity ratio of 0.69. The firm has a market cap of $7.45 billion, a price-to-earnings ratio of 15.23 and a beta of 0.35. The firm’s fifty day moving average is $25.98 and its 200-day moving average is $27.17.

Mitsubishi Chemical Group (OTCMKTS:MTLHY) last announced its earnings results on Thursday, February 6th. The company reported $0.43 earnings per share for the quarter. Mitsubishi Chemical Group had a net margin of 1.66% and a return on equity of 3.18%.

About Mitsubishi Chemical Group

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.