Mitsubishi Electric Co. (OTCMKTS:MIELY) Short Interest Update

Mitsubishi Electric Co. (OTCMKTS:MIELY) 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

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.