Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Sees Large Increase in Short Interest

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHFGet Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,743,411 shares, a growth of 140.7% from the August 15th total of 724,260 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Mitsubishi Chemical Group Stock Performance

Mitsubishi Chemical Group stock opened at $6.26 on Monday. The stock’s fifty day moving average is $6.26 and its two-hundred day moving average is $6.51. Mitsubishi Chemical Group has a 1-year low of $4.91 and a 1-year high of $7.25.

Mitsubishi Chemical Group Company Profile

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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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