Short Interest in Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Expands By 107.0%

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 1,473,500 shares, an increase of 107.0% from the January 31st total of 711,900 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 4,911.7 days.

Mitsubishi Chemical Group Price Performance

Shares of OTCMKTS MTLHF opened at $5.17 on Monday. Mitsubishi Chemical Group has a 1-year low of $4.83 and a 1-year high of $6.93. The stock’s 50-day moving average is $5.22 and its 200 day moving average is $5.65.

Mitsubishi Chemical Group Company Profile

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. The company offers polyester films for various applications, including optical materials, for electronic displays; industrial materials for electronic components, automotive parts, and medical equipment; and packaging materials for food and other products.