Short Interest in Mitsubishi Co. (OTCMKTS:MSBHF) Increases By 20.0%

Mitsubishi Co. (OTCMKTS:MSBHF) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 4,151,400 shares, a growth of 20.0% from the September 30th total of 3,460,000 shares. Based on an average daily volume of 21,700 shares, the short-interest ratio is presently 191.3 days.

Mitsubishi Stock Performance

Shares of OTCMKTS MSBHF traded down $0.02 during midday trading on Wednesday, reaching $18.68. 3,764 shares of the stock were exchanged, compared to its average volume of 37,705. Mitsubishi has a twelve month low of $14.68 and a twelve month high of $24.52. The company has a 50 day simple moving average of $20.08 and a 200 day simple moving average of $20.65. The company has a quick ratio of 1.17, a current ratio of 1.42 and a debt-to-equity ratio of 0.32.

Mitsubishi (OTCMKTS:MSBHF) last posted its earnings results on Thursday, August 1st. The company reported $0.55 EPS for the quarter. The business had revenue of $30.06 billion during the quarter. As a group, sell-side analysts forecast that Mitsubishi will post 1.72 earnings per share for the current fiscal year.

About Mitsubishi

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.