Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) Sees Large Growth in Short Interest

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 9,874,000 shares, a growth of 48.4% from the November 15th total of 6,651,600 shares. Based on an average trading volume of 15,000 shares, the short-interest ratio is currently 658.3 days.

Mitsubishi Heavy Industries Stock Up 2.4 %

Shares of OTCMKTS:MHVYF traded up $0.38 during trading on Friday, hitting $15.70. 2,175 shares of the company were exchanged, compared to its average volume of 6,393. Mitsubishi Heavy Industries has a 12-month low of $5.32 and a 12-month high of $16.09. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.20 and a quick ratio of 0.85. The firm’s 50 day moving average price is $14.92 and its 200-day moving average price is $12.84. The stock has a market capitalization of $52.97 billion, a P/E ratio of 35.47 and a beta of 0.79.

About Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. manufactures and sells heavy machinery worldwide. It operates through Energy Systems; Plants & Infrastructure Systems; Logistics, Thermal & Drive Systems; and Aircraft, Defense & Space segments. The company offers thermal, renewable energy, nuclear power generation, and engine power plants; oil and gas production plants; lithium-ion battery products and fuel cells; civil aircrafts and engines, aviation equipment, and maintenance, repair, and overhaul of aircrafts; and launch vehicles and services, rocket engines, reaction control systems, space stations, rocket launchers, rocket engine combustion test facilities, and electronic parts.