Mitsubishi Electric Co. (OTCMKTS:MIELY) Short Interest Update

Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 4,400 shares, an increase of 51.7% from the January 31st total of 2,900 shares. Based on an average daily volume of 162,200 shares, the days-to-cover ratio is presently 0.0 days.

Mitsubishi Electric Stock Up 0.7 %

Shares of OTCMKTS:MIELY traded up $0.21 during midday trading on Monday, reaching $31.10. 148,496 shares of the company were exchanged, compared to its average volume of 169,897. The firm has a market cap of $32.85 billion, a PE ratio of 16.54 and a beta of 0.61. Mitsubishi Electric has a fifty-two week low of $25.27 and a fifty-two week high of $38.48. The stock has a fifty day simple moving average of $32.76 and a two-hundred day simple moving average of $33.00.

Mitsubishi Electric Company Profile

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.