Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) Short Interest Up 234.4% in December

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY - Get Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 43,800 shares, a growth of 234.4% from the December 15th total of 13,100 shares. Based on an average daily trading volume, of 285,800 shares, the days-to-cover ratio is presently 0.2 days.

Mitsubishi Estate Price Performance

Shares of OTCMKTS:MITEY traded up $0.04 during trading on Tuesday, reaching $13.36. 314,272 shares of the company's stock traded hands, compared to its average volume of 155,045. The company has a 50 day moving average of $13.83 and a 200-day moving average of $15.27. Mitsubishi Estate has a 12 month low of $12.78 and a 12 month high of $20.40. The stock has a market capitalization of $16.71 billion, a P/E ratio of 14.37 and a beta of 0.47.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.