Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) Sees Significant Decline in Short Interest

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) saw a significant drop in short interest in 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 daily trading volume, of 147,700 shares, the days-to-cover ratio is currently 0.2 days.

Mitsubishi Estate Stock Up 0.1 %

Shares of Mitsubishi Estate stock traded up $0.01 during trading on Monday, reaching $14.68. The company’s stock had a trading volume of 184,251 shares, compared to its average volume of 102,105. The business’s 50-day moving average price is $14.11 and its 200-day moving average price is $14.85. Mitsubishi Estate has a 52 week low of $12.78 and a 52 week high of $20.40. The firm has a market cap of $18.36 billion, a PE ratio of 14.25 and a beta of 0.47.

Mitsubishi Estate (OTCMKTS:MITEY) last posted its quarterly earnings data on Friday, February 7th. The company reported $0.28 earnings per share (EPS) for the quarter. Mitsubishi Estate had a net margin of 12.13% and a return on equity of 5.27%.

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.