Mitsubishi Co. (OTCMKTS:MSBHF) Sees Significant Decrease in Short Interest

Mitsubishi Co. (OTCMKTS:MSBHF) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 3,237,600 shares, a drop of 31.7% from the November 15th total of 4,739,200 shares. Based on an average daily trading volume, of 57,900 shares, the days-to-cover ratio is currently 55.9 days.

Mitsubishi Stock Up 0.1 %

MSBHF traded up $0.02 during trading hours on Friday, reaching $16.78. 42,402 shares of the stock traded hands, compared to its average volume of 36,955. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.46 and a quick ratio of 1.13. Mitsubishi has a fifty-two week low of $14.68 and a fifty-two week high of $24.52. The firm’s fifty day simple moving average is $18.10 and its two-hundred day simple moving average is $19.59. The company has a market cap of $37.16 billion, a price-to-earnings ratio of 10.98 and a beta of 0.63.

Mitsubishi Company Profile

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.