Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) Short Interest Down 30.3% in October

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHF) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 3,139,700 shares, a decrease of 30.3% from the September 30th total of 4,502,900 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 10,465.7 days. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 10,465.7 days.

Mitsubishi Chemical Group Price Performance

Shares of OTCMKTS MTLHF opened at $5.16 on Tuesday. The company’s fifty day moving average price is $5.51 and its 200 day moving average price is $5.20. Mitsubishi Chemical Group has a 1 year low of $4.21 and a 1 year high of $6.08.

Mitsubishi Chemical Group Company Profile

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. The company offers polyester films for various applications, including optical materials, for electronic displays; industrial materials for electronic components, automotive parts, and medical equipment; and packaging materials for food and other products.