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