Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY) Short Interest Update

Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 371 shares, an increase of 75.0% from the July 30th total of 212 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 171 shares, the days-to-cover ratio is currently 2.2 days.

Mitsubishi Chemical Price Performance

Shares of Mitsubishi Chemical stock opened at $37.05 on Monday. The firm has a market capitalization of $10.68 billion, a PE ratio of 20.14 and a beta of 0.65. The business’s 50-day moving average price is $36.02 and its 200-day moving average price is $33.24. The company has a current ratio of 1.50, a quick ratio of 1.02 and a debt-to-equity ratio of 0.62. Mitsubishi Chemical has a 12 month low of $26.51 and a 12 month high of $38.74.

Mitsubishi Chemical (OTCMKTS:MTLHY) last issued its quarterly earnings results on Friday, July 31st. The company reported $1.33 EPS for the quarter. The business had revenue of $6.30 billion for the quarter.

About Mitsubishi Chemical

Mitsubishi Chemical (OTCMKTS:MTLHY) is the U.S. trading line of Mitsubishi Chemical Holdings Corporation, one of Japan’s leading integrated chemical companies. The company operates through a diversified portfolio of specialty chemicals, performance materials, petrochemicals and healthcare products. Its product offering spans from high‐performance plastics, electronic and battery materials to pharmaceutical intermediates, industrial gases and carbon‐fiber composites designed for automotive, electronics and aerospace applications.

Founded originally as Mitsubishi Chemical Corporation in 1933 and reorganized under Mitsubishi Chemical Holdings in 2005, the company is part of the broader Mitsubishi keiretsu.