Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Stock Short Interest Report for October

by · The Cerbat Gem

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 833,996 shares, a drop of 42.8% from the September 30th total of 1,457,806 shares. Based on an average daily volume of 1,964 shares, the short-interest ratio is presently 424.6 days.

Mitsubishi Chemical Group Price Performance

Shares of MTLHF remained flat at $6.99 during mid-day trading on Friday. The company’s 50-day moving average price is $6.35 and its 200-day moving average price is $6.43. Mitsubishi Chemical Group has a 1-year low of $4.91 and a 1-year high of $7.25.

About Mitsubishi Chemical Group

(Get Free Report)

Mitsubishi Chemical Group Corporation is a Japan-based diversified chemical company that develops and manufactures materials and chemical products for industrial and consumer applications. Its portfolio includes performance polymers, films, composites, coatings, electronic materials, battery-related materials, carbon products and other specialty materials used in transportation, electronics, packaging, construction and healthcare-related industries.

The group also produces basic and intermediate chemicals, including methyl methacrylate (MMA), acrylic resins and related products.

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