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 target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 500 shares, anincreaseof150.0% from the July 15th total of 200 shares. Approximately0.0% of the shares of the stock are sold short. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5.0 days. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5.0 days. Approximately0.0% of the shares of the stock are sold short.

Mitsubishi Chemical Trading Up 5.9%

Shares of MTLHY stock traded up $1.60 during trading hours on Thursday, hitting $28.75. 199 shares of the company were exchanged, compared to its average volume of 733. Mitsubishi Chemical has a 1 year low of $19.95 and a 1 year high of $34.45. The firm has a fifty day moving average of $26.18 and a 200 day moving average of $25.40. The firm has a market cap of $8.18 billion, a PE ratio of 47.13 and a beta of 0.58. The company has a quick ratio of 1.09, a current ratio of 1.52 and a debt-to-equity ratio of 0.69.

Mitsubishi Chemical (OTCMKTS:MTLHY - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.41 earnings per share for the quarter. The firm had revenue of $6.10 billion during 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.