Mitsubishi Electric Co. (OTCMKTS:MIELY) Short Interest Up 604.5% in February

Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 31,000 shares, a growth of 604.5% from the February 13th total of 4,400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 973,200 shares, the short-interest ratio is presently 0.0 days.

Mitsubishi Electric Trading Up 4.5 %

OTCMKTS MIELY traded up $1.68 during trading on Friday, reaching $38.95. The company's stock had a trading volume of 58,875 shares, compared to its average volume of 152,825. The firm has a market capitalization of $41.15 billion, a price-to-earnings ratio of 20.72 and a beta of 0.57. Mitsubishi Electric has a 12 month low of $25.27 and a 12 month high of $38.99. The firm has a 50 day moving average price of $33.03 and a 200 day moving average price of $33.20.

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.