Short Interest in Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Decreases By 50.0%

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY - Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 50.0% from the January 31st total of 200 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 0.2 days.

Mitsubishi Chemical Group Trading Down 2.3 %

Shares of MTLHY traded down $0.62 during mid-day trading on Wednesday, hitting $25.98. 171 shares of the company's stock traded hands, compared to its average volume of 782. The company has a quick ratio of 0.82, a current ratio of 1.31 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $7.39 billion, a P/E ratio of 15.10 and a beta of 0.38. The business's 50-day moving average price is $25.60 and its 200-day moving average price is $27.68. Mitsubishi Chemical Group has a 1 year low of $23.77 and a 1 year high of $34.45.

Mitsubishi Chemical Group (OTCMKTS:MTLHY - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.43 EPS for the quarter. Mitsubishi Chemical Group had a net margin of 1.66% and a return on equity of 3.18%.

About Mitsubishi Chemical Group

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.