Mitsubishi Estate Co. (OTCMKTS:MITEY) Short Interest Up 109.3% in June

Mitsubishi Estate Co. (OTCMKTS:MITEY) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 12,404 shares, a growth of 109.3% from the May 31st total of 5,927 shares. Based on an average daily trading volume, of 161,363 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Mitsubishi Estate Trading Down 4.0%

Shares of MITEY opened at $24.60 on Thursday. Mitsubishi Estate has a twelve month low of $17.23 and a twelve month high of $35.17. The firm has a market capitalization of $29.94 billion, a P/E ratio of 20.67 and a beta of 0.11. The company has a current ratio of 1.97, a quick ratio of 1.39 and a debt-to-equity ratio of 1.26. The stock’s fifty day simple moving average is $26.17 and its 200 day simple moving average is $27.36.

About Mitsubishi Estate

Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.

The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.