Mitsubishi Co. (OTCMKTS:MSBHF) Sees Large Growth in Short Interest

Mitsubishi Co. (OTCMKTS:MSBHF - Get Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 7,095,200 shares, an increase of 36.8% from the April 30th total of 5,184,900 shares. Based on an average daily volume of 46,700 shares, the days-to-cover ratio is presently 151.9 days. Currently, 0.2% of the company's shares are sold short.

Mitsubishi Trading Down 1.5%

Shares of MSBHF stock traded down $0.31 during mid-day trading on Tuesday, reaching $20.27. The stock had a trading volume of 70,082 shares, compared to its average volume of 41,644. The stock's 50-day moving average price is $18.67 and its two-hundred day moving average price is $17.40. Mitsubishi has a 52-week low of $14.85 and a 52-week high of $21.93. The firm has a market capitalization of $80.60 billion, a PE ratio of 11.72 and a beta of 0.57. The company has a current ratio of 1.46, a quick ratio of 1.13 and a debt-to-equity ratio of 0.33.

Mitsubishi (OTCMKTS:MSBHF - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $31.16 billion for the quarter, compared to analyst estimates of $4,357.94 billion. Mitsubishi had a net margin of 5.81% and a return on equity of 10.56%. Equities analysts expect that Mitsubishi will post 1.6 earnings per share for the current fiscal 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.