Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Sees Large Decline in Short Interest

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY - Get Free Report) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 100 shares, a drop of 80.0% from the March 15th total of 500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 700 shares, the short-interest ratio is currently 0.1 days.

Mitsubishi Chemical Group Stock Performance

Shares of MTLHY traded down $0.07 during trading hours on Friday, reaching $23.23. 1,425 shares of the company traded hands, compared to its average volume of 1,043. Mitsubishi Chemical Group has a 1-year low of $19.95 and a 1-year high of $34.45. The stock has a market cap of $6.61 billion, a P/E ratio of 13.51 and a beta of 0.38. The stock's fifty day moving average is $25.10 and its 200 day moving average is $26.14. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 1.31.

Mitsubishi Chemical Group (OTCMKTS:MTLHY - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.43 EPS for the quarter. Mitsubishi Chemical Group had a return on equity of 3.18% and a net margin of 1.66%.

About Mitsubishi Chemical Group

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.