Mitsubishi Electric Co. (OTCMKTS:MIELY) Short Interest Update

Mitsubishi Electric Co. (OTCMKTS:MIELY) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 4,400 shares, an increase of 51.7% from the January 31st total of 2,900 shares. Based on an average daily trading volume, of 162,200 shares, the short-interest ratio is currently 0.0 days.

Mitsubishi Electric Trading Up 2.5 %

OTCMKTS MIELY opened at $31.86 on Wednesday. Mitsubishi Electric has a 1-year low of $25.27 and a 1-year high of $38.48. The company has a 50 day moving average of $32.67 and a 200-day moving average of $32.99. The company has a market cap of $33.66 billion, a price-to-earnings ratio of 16.95 and a beta of 0.61.

Mitsubishi Electric Company Profile

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.