Short Interest in Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) Decreases By 21.6%

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 43,200 shares, a decline of 21.6% from the March 31st total of 55,100 shares. Based on an average trading volume of 111,500 shares, the short-interest ratio is currently 0.4 days.

Mitsubishi Estate Stock Performance

Shares of OTCMKTS:MITEY traded up $0.12 on Tuesday, hitting $18.35. The company’s stock had a trading volume of 21,732 shares, compared to its average volume of 50,058. Mitsubishi Estate has a 12 month low of $11.20 and a 12 month high of $20.40. The stock’s 50-day moving average is $17.34 and its two-hundred day moving average is $14.88. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.46 and a current ratio of 2.10. The company has a market capitalization of $23.36 billion, a price-to-earnings ratio of 23.53 and a beta of 0.44.

Mitsubishi Estate (OTCMKTS:MITEY) last released its earnings results on Friday, February 9th. The company reported $0.14 EPS for the quarter. The firm had revenue of $2.29 billion for the quarter. Mitsubishi Estate had a net margin of 10.08% and a return on equity of 5.38%.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.