Mitsubishi Co. (OTCMKTS:MSBHF) Short Interest Down 15.6% in April

Mitsubishi Co. (OTCMKTS:MSBHF - Get Free Report) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 5,018,100 shares, a drop of 15.6% from the March 31st total of 5,949,100 shares. Based on an average daily volume of 194,100 shares, the days-to-cover ratio is currently 25.9 days. Approximately 0.1% of the company's shares are short sold.

Mitsubishi Trading Up 3.2 %

Shares of OTCMKTS:MSBHF traded up $0.60 during midday trading on Thursday, hitting $19.20. 27,963 shares of the stock were exchanged, compared to its average volume of 44,312. The business's 50-day moving average price is $17.96 and its 200 day moving average price is $17.19. Mitsubishi has a 12 month low of $14.85 and a 12 month high of $22.52. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.46. The stock has a market capitalization of $76.35 billion, a price-to-earnings ratio of 11.10 and a beta of 0.57.

Mitsubishi (OTCMKTS:MSBHF - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Mitsubishi had a net margin of 5.81% and a return on equity of 10.56%. The firm had revenue of $31.16 billion during the quarter, compared to the consensus estimate of $4,357.94 billion. Analysts predict that Mitsubishi will post 1.6 earnings per share for the current year.

About Mitsubishi

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.