Mitsubishi Co. (OTCMKTS:MSBHF) Short Interest Up 36.8% in May

Mitsubishi Co. (OTCMKTS:MSBHF) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totalling 7,095,200 shares, an increase of 36.8% from the April 30th total of 5,184,900 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 46,700 shares, the days-to-cover ratio is currently 151.9 days.

Mitsubishi Trading Down 1.5%

Shares of Mitsubishi stock opened at $20.27 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.46. The firm has a 50-day moving average of $18.70 and a 200-day moving average of $17.42. Mitsubishi has a 52-week low of $14.85 and a 52-week high of $21.93. The stock has a market cap of $80.60 billion, a PE ratio of 11.72 and a beta of 0.57.

Mitsubishi (OTCMKTS:MSBHF) last posted its quarterly earnings data on Friday, May 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. Mitsubishi had a net margin of 5.81% and a return on equity of 10.56%. The firm had revenue of $31.16 billion during the quarter, compared to the consensus estimate of $4,357.94 billion. As a group, sell-side analysts forecast that Mitsubishi will post 1.6 EPS for the current year.

Mitsubishi Company Profile

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.