Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) Short Interest Update

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 8,420,600 shares, a drop of 14.7% from the November 30th total of 9,874,000 shares. Based on an average trading volume of 12,500 shares, the days-to-cover ratio is presently 673.6 days.

Mitsubishi Heavy Industries Stock Performance

Shares of MHVYF stock traded down $0.26 during mid-day trading on Tuesday, reaching $14.00. 13,079 shares of the company’s stock traded hands, compared to its average volume of 32,344. Mitsubishi Heavy Industries has a 12 month low of $5.84 and a 12 month high of $16.09. The firm has a 50 day moving average price of $14.74 and a two-hundred day moving average price of $13.36. The firm has a market capitalization of $47.23 billion, a PE ratio of 33.43 and a beta of 0.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.85 and a current ratio of 1.20.

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.