Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF – Get Free Report) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 1,743,411 shares, an increase of 140.7% from the August 15th total of 724,260 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Mitsubishi Chemical Group Stock Performance
Shares of OTCMKTS MTLHF remained flat at $6.26 during mid-day trading on Friday. The firm has a 50-day simple moving average of $6.26 and a 200 day simple moving average of $6.51. Mitsubishi Chemical Group has a 12-month low of $4.91 and a 12-month high of $7.25.
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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