Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Sees Significant Decrease in Short Interest

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 50.0% from the January 31st total of 200 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 0.2 days.

Mitsubishi Chemical Group Price Performance

Mitsubishi Chemical Group stock remained flat at $26.60 during midday trading on Monday. 1 shares of the company were exchanged, compared to its average volume of 819. Mitsubishi Chemical Group has a 12 month low of $23.77 and a 12 month high of $34.45. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.31 and a quick ratio of 0.82. The company’s 50 day simple moving average is $25.52 and its 200 day simple moving average is $27.70. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 15.47 and a beta of 0.38.

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

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.