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

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,473,500 shares, an increase of 107.0% from the January 31st total of 711,900 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 4,911.7 days.

Mitsubishi Chemical Group Stock Performance

OTCMKTS:MTLHF remained flat at $5.17 during trading on Friday. Mitsubishi Chemical Group has a 1-year low of $4.83 and a 1-year high of $6.93. The business’s fifty day moving average is $5.22 and its two-hundred day moving average is $5.65.

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.