Mitsubishi Electric Co. (OTCMKTS:MIELY – Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 4,400 shares, an increase of 51.7% from the January 31st total of 2,900 shares. Based on an average daily volume of 162,200 shares, the days-to-cover ratio is presently 0.0 days.
Mitsubishi Electric Stock Up 2.5 %
MIELY stock traded up $0.77 during trading on Tuesday, reaching $31.86. The stock had a trading volume of 63,882 shares, compared to its average volume of 167,009. The company has a market capitalization of $33.66 billion, a price-to-earnings ratio of 16.95 and a beta of 0.61. Mitsubishi Electric has a one year low of $25.27 and a one year high of $38.48. The company’s 50 day moving average is $32.71 and its two-hundred day moving average is $32.99.
About Mitsubishi Electric
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