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

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

Mitsubishi Stock Performance

MSBHF traded down $0.13 during midday trading on Thursday, reaching $20.14. The company's stock had a trading volume of 16,684 shares, compared to its average volume of 41,406. The stock has a market cap of $80.09 billion, a P/E ratio of 11.64 and a beta of 0.56. The company has a fifty day simple moving average of $18.75 and a 200 day simple moving average of $17.44. 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 has a twelve month low of $14.85 and a twelve month high of $21.93.

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

Mitsubishi Company Profile

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.