Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Short Interest Up 140.7% in August

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,743,411 shares, an increase of 140.7% from the August 15th total of 724,260 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ? days.

Mitsubishi Chemical Group Price Performance

Mitsubishi Chemical Group stock remained flat at $6.26 during trading on Tuesday. Mitsubishi Chemical Group has a 52 week low of $4.91 and a 52 week high of $7.25. The business’s 50 day moving average price is $6.26 and its 200 day moving average price is $6.50.

Mitsubishi Chemical Group Company Profile

Mitsubishi Chemical Group Corporation (OTCMKTS: MTLHF) is a Japan-based integrated chemical manufacturer and holding company headquartered in Tokyo. As part of the broader Mitsubishi keiretsu, the company brings together a wide range of chemical businesses under one umbrella, focusing on innovation and sustainability to address global industrial and consumer needs.

The company’s core business activities are organized into several segments, including performance products, functional materials, health care, industrial gasses and energy, and petrochemicals.