Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY) Sees Significant Growth in Short Interest

Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY) saw a large growth in short interest in July. As of July 15th, there was short interest totalling 200 shares, a growth of 100.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 2.0 days. Currently, 0.0% of the company’s stock are sold short.

Mitsubishi Chemical Stock Performance

Shares of OTCMKTS:MTLHY opened at $27.37 on Thursday. The business’s 50-day moving average is $25.74 and its 200 day moving average is $25.27. Mitsubishi Chemical has a 1 year low of $19.95 and a 1 year high of $34.45. The firm has a market capitalization of $7.79 billion, a P/E ratio of 26.83 and a beta of 0.53. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.37 and a quick ratio of 0.87.

Mitsubishi Chemical (OTCMKTS:MTLHY) last announced its earnings results on Tuesday, May 13th. The company reported ($0.33) earnings per share (EPS) for the quarter. The business had revenue of $7.06 billion for the quarter. Mitsubishi Chemical had a net margin of 1.00% and a return on equity of 1.89%.

Mitsubishi Chemical Company Profile

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.