Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF – Get Free Report) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 769,209 shares, a drop of 32.2% from the June 30th total of 1,134,210 shares. Based on an average trading volume of 24 shares, the short-interest ratio is currently 32,050.4 days.
Mitsubishi Chemical Group Price Performance
MTLHF opened at $6.26 on Friday. Mitsubishi Chemical Group has a 1 year low of $4.91 and a 1 year high of $7.25. The firm’s fifty day moving average price is $6.32 and its two-hundred day moving average price is $6.47.
About Mitsubishi Chemical Group
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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