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

Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 56,000 shares, a growth of 80.6% from the February 28th total of 31,000 shares. Based on an average daily trading volume, of 167,800 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company's stock are short sold.

Mitsubishi Electric Stock Performance

Shares of Mitsubishi Electric stock traded down $0.70 during midday trading on Tuesday, hitting $36.12. The company had a trading volume of 122,113 shares, compared to its average volume of 144,012. The stock has a market capitalization of $38.16 billion, a P/E ratio of 19.21 and a beta of 0.57. The company has a 50 day moving average of $34.33 and a 200 day moving average of $33.72. Mitsubishi Electric has a 52-week low of $25.27 and a 52-week high of $41.79.

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.