Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,686,196 shares, an increase of 78.5% from the May 14th total of 944,797 shares. Based on an average daily trading volume, of 444 shares, the short-interest ratio is currently 3,797.7 days.
Mitsubishi Chemical Group Stock Performance
Shares of OTCMKTS MTLHF opened at $6.26 on Wednesday. Mitsubishi Chemical Group has a one year low of $4.91 and a one year high of $7.25. The company’s fifty day moving average is $6.39 and its two-hundred day moving average is $6.32.
Mitsubishi Chemical Group Company Profile
Mitsubishi Chemical Group Corporation (OTCMKTS: MTLHF) is a Japan-based integrated chemical manufacturer and holding company headquartered in Tokyo. As part of the broader Mitsubishi keiretsu, the company brings together a wide range of chemical businesses under one umbrella, focusing on innovation and sustainability to address global industrial and consumer needs.
The company’s core business activities are organized into several segments, including performance products, functional materials, health care, industrial gasses and energy, and petrochemicals.
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