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

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) saw a large drop in short interest in September. As of September 30th, there was short interest totalling 1,829,200 shares, a drop of 21.1% from the September 15th total of 2,317,000 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is currently 871.0 days.

Mitsubishi Chemical Group Price Performance

Shares of MTLHF stock remained flat at $6.15 on Friday. The firm has a 50 day simple moving average of $6.08 and a 200-day simple moving average of $5.80. Mitsubishi Chemical Group has a 12 month low of $4.92 and a 12 month high of $6.93.

About Mitsubishi Chemical Group

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.