Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF – Get Free Report) saw a significant growth in short interest in the month of 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 volume of 444 shares, the days-to-cover ratio is currently 3,797.7 days.
Mitsubishi Chemical Group Price Performance
Shares of OTCMKTS:MTLHF remained flat at $6.26 during trading on Monday. The stock had a trading volume of 9,300 shares, compared to its average volume of 1,117. The stock has a fifty day moving average price of $6.43 and a two-hundred day moving average price of $6.31. Mitsubishi Chemical Group has a one year low of $4.91 and a one year high of $7.25.
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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