Mitsubishi Chemical Holdings Co. (OTCMKTS:MTLHF) Short Interest Update

Mitsubishi Chemical Holdings Co. (OTCMKTS:MTLHF – Get Rating) saw a significant growth in short interest in April. As of April 30th, there was short interest totalling 1,258,500 shares, a growth of 27.2% from the April 15th total of 989,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 12,585.0 days.

Mitsubishi Chemical stock traded down $0.34 during mid-day trading on Tuesday, reaching $5.73. 434 shares of the company’s stock were exchanged, compared to its average volume of 515. The business’s fifty day simple moving average is $6.35 and its 200 day simple moving average is $7.31. Mitsubishi Chemical has a one year low of $5.73 and a one year high of $9.35.

Mitsubishi Chemical Company Profile (Get Rating)

Mitsubishi Chemical Holdings Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. The company's performance products include specialty chemicals, functional food materials, inorganic materials, electronic and electrical components and products, molding and processed products, film and sheet products, synthetic paper and fiber, carbon fiber, equipment, instruments and systems, materials and products for industrial use, construction materials, civil engineering materials, aqua-related materials and products, leisure, sports, and daily goods.

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