Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,686,196 shares, a growth of 78.5% from the May 14th total of 944,797 shares. Based on an average daily trading volume, of 444 shares, the short-interest ratio is presently 3,797.7 days.
Mitsubishi Chemical Group Stock Performance
Mitsubishi Chemical Group stock remained flat at $6.26 during mid-day trading on Monday. The company’s stock had a trading volume of 9,300 shares, compared to its average volume of 1,117. Mitsubishi Chemical Group has a 12-month low of $4.91 and a 12-month high of $7.25. The company has a fifty day simple moving average of $6.43 and a 200-day simple moving average of $6.31.
Mitsubishi Chemical Group Company Profile
Mitsubishi Chemical Group Corporation (OTCMKTS: MTLHF) is a Japan-based integrated chemical manufacturer and holding company headquartered in Tokyo. As part of the broader Mitsubishi keiretsu, the company brings together a wide range of chemical businesses under one umbrella, focusing on innovation and sustainability to address global industrial and consumer needs.
The company’s core business activities are organized into several segments, including performance products, functional materials, health care, industrial gasses and energy, and petrochemicals.
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