Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) Sees Large Increase in Short Interest

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 9,874,000 shares, a growth of 48.4% from the November 15th total of 6,651,600 shares. Based on an average trading volume of 15,000 shares, the days-to-cover ratio is presently 658.3 days.

Mitsubishi Heavy Industries Price Performance

Shares of OTCMKTS MHVYF traded down $0.70 during mid-day trading on Friday, hitting $15.00. 32,339 shares of the stock traded hands, compared to its average volume of 33,532. The company has a market cap of $50.60 billion, a PE ratio of 35.47 and a beta of 0.79. Mitsubishi Heavy Industries has a twelve month low of $5.32 and a twelve month high of $16.09. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.20 and a quick ratio of 0.85. The firm has a 50 day simple moving average of $14.91 and a two-hundred day simple moving average of $12.91.

Mitsubishi Heavy Industries Company Profile

Mitsubishi Heavy Industries, Ltd. manufactures and sells heavy machinery worldwide. It operates through Energy Systems; Plants & Infrastructure Systems; Logistics, Thermal & Drive Systems; and Aircraft, Defense & Space segments. The company offers thermal, renewable energy, nuclear power generation, and engine power plants; oil and gas production plants; lithium-ion battery products and fuel cells; civil aircrafts and engines, aviation equipment, and maintenance, repair, and overhaul of aircrafts; and launch vehicles and services, rocket engines, reaction control systems, space stations, rocket launchers, rocket engine combustion test facilities, and electronic parts.