Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Short Interest Update

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,419,100 shares, an increase of 24.2% from the October 31st total of 1,142,700 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 4,730.3 days.

Mitsubishi Chemical Group Stock Performance

Mitsubishi Chemical Group stock opened at $5.43 on Monday. Mitsubishi Chemical Group has a 1-year low of $4.92 and a 1-year high of $6.93. The firm’s fifty day simple moving average is $6.00 and its 200-day simple moving average is $5.72.

Mitsubishi Chemical Group Company Profile

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. The company offers polyester films for various applications, including optical materials, for electronic displays; industrial materials for electronic components, automotive parts, and medical equipment; and packaging materials for food and other products.