Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) Short Interest Down 17.4% in January

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 6,614,000 shares, a drop of 17.4% from the December 31st total of 8,009,100 shares. Based on an average daily volume of 14,500 shares, the days-to-cover ratio is presently 456.1 days.

Mitsubishi Heavy Industries Stock Down 0.1 %

Shares of MHVYF stock traded down $0.01 during trading on Friday, reaching $14.49. The company’s stock had a trading volume of 2,491 shares, compared to its average volume of 11,006. Mitsubishi Heavy Industries has a 1-year low of $6.58 and a 1-year high of $16.09. The stock’s 50-day moving average price is $14.48 and its 200 day moving average price is $13.84. The company has a market capitalization of $48.88 billion, a price-to-earnings ratio of 34.72 and a beta of 0.80. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.20 and a quick ratio of 0.85.

Mitsubishi Heavy Industries Company Profile

Mitsubishi Heavy Industries, Ltd. manufactures and sells heavy machinery worldwide. It operates through Energy Systems; Plants & Infrastructure Systems; Logistics, Thermal & Drive Systems; and Aircraft, Defense & Space segments. The company offers thermal, renewable energy, nuclear power generation, and engine power plants; oil and gas production plants; lithium-ion battery products and fuel cells; civil aircrafts and engines, aviation equipment, and maintenance, repair, and overhaul of aircrafts; and launch vehicles and services, rocket engines, reaction control systems, space stations, rocket launchers, rocket engine combustion test facilities, and electronic parts.