Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 1,134,210 shares, a decline of 43.1% from the June 15th total of 1,992,957 shares. Based on an average trading volume of 12 shares, the short-interest ratio is currently 94,517.5 days.
Mitsubishi Chemical Group Price Performance
OTCMKTS:MTLHF remained flat at $6.26 during midday trading on Thursday. The company had a trading volume of 60 shares, compared to its average volume of 1,117. Mitsubishi Chemical Group has a 52 week low of $4.91 and a 52 week high of $7.25. The company’s 50 day simple moving average is $6.29 and its 200-day simple moving average is $6.44.
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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