Mitsubishi Co. (OTCMKTS:MSBHF) Sees Significant Decrease in Short Interest

Mitsubishi Co. (OTCMKTS:MSBHF - Get Free Report) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 3,237,600 shares, a decline of 31.7% from the November 15th total of 4,739,200 shares. Based on an average daily trading volume, of 57,900 shares, the days-to-cover ratio is currently 55.9 days.

Mitsubishi Trading Up 0.1 %

MSBHF stock traded up $0.02 on Friday, hitting $16.78. 42,402 shares of the company were exchanged, compared to its average volume of 36,955. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.46 and a quick ratio of 1.13. The stock has a market capitalization of $37.16 billion, a price-to-earnings ratio of 10.98 and a beta of 0.63. Mitsubishi has a twelve month low of $14.68 and a twelve month high of $24.52. The business's fifty day moving average is $18.10 and its two-hundred day moving average is $19.59.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.