Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY) Short Interest Update

Key Points

• Mitsubishi Chemical Holdings Corp. experienced a significant increase in short interest, rising by 150.0% in July, reaching a total of 500 shares by July 31st.
• In its latest quarterly earnings report on August 1st, the company posted $0.41 earnings per share, with revenue of $6.10 billion.
• The stock's current trading price is $27.65, with a market cap of $7.87 billion, a P/E ratio of 45.33, and its one-year price range spanning from $19.95 to $34.45.

Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY - Get Free Report) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 500 shares, agrowthof150.0% from the July 15th total of 200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 5.0 days. Currently,0.0% of the company's stock are sold short. Currently,0.0% of the company's stock are sold short. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 5.0 days.

Mitsubishi Chemical Stock Performance

Shares of MTLHY remained flat at $27.65 during trading hours on Friday. 25 shares of the company were exchanged, compared to its average volume of 118. The company has a current ratio of 1.52, a quick ratio of 0.87 and a debt-to-equity ratio of 0.69. The stock has a 50 day moving average price of $26.11 and a two-hundred day moving average price of $25.37. Mitsubishi Chemical has a one year low of $19.95 and a one year high of $34.45. The stock has a market cap of $7.87 billion, a P/E ratio of 45.33 and a beta of 0.58.

Mitsubishi Chemical (OTCMKTS:MTLHY - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported $0.41 earnings per share for the quarter. The company had revenue of $6.10 billion for the quarter. Mitsubishi Chemical had a net margin of 0.62% and a return on equity of 0.98%.

About Mitsubishi Chemical

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.