Short Interest in Mitsubishi Motors Co. (OTCMKTS:MMTOF) Increases By 26.8%

Mitsubishi Motors Co. (OTCMKTS:MMTOF) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 7,881,200 shares, a growth of 26.8% from the May 15th total of 6,217,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 78,812.0 days.

Mitsubishi Motors Price Performance

OTCMKTS MMTOF opened at $2.55 on Friday. The company’s fifty day simple moving average is $2.80 and its 200-day simple moving average is $2.88. Mitsubishi Motors has a 52 week low of $2.36 and a 52 week high of $3.66.

Mitsubishi Motors Company Profile

Mitsubishi Motors Corporation, together with its subsidiaries, engages in the development, production, and sale of passenger vehicles, and its parts and components in Japan, Europe, North America, Oceania, the rest of Asia, and internationally. Its products include EVs/PHEVs, SUVs, pickup trucks, MPVs, and cars under the Mitsubishi brand.