Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Short Interest Up 107.0% in February

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) was the recipient of a significant increase in short interest in 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 trading volume, of 300 shares, the short-interest ratio is presently 4,911.7 days.

Mitsubishi Chemical Group Price Performance

MTLHF remained flat at $5.17 during trading on Friday. Mitsubishi Chemical Group has a 12 month low of $4.83 and a 12 month high of $6.93. The firm’s fifty day moving average price is $5.22 and its two-hundred day moving average price is $5.64.

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.