Mitsubishi Co. (OTCMKTS:MSBHF) Short Interest Update

Mitsubishi Co. (OTCMKTS:MSBHF) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 5,949,100 shares, an increase of 44.0% from the March 15th total of 4,132,300 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 156,400 shares, the days-to-cover ratio is currently 38.0 days.

Mitsubishi Trading Up 2.1 %

OTCMKTS:MSBHF opened at $17.75 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.46 and a quick ratio of 1.13. The business’s 50-day simple moving average is $17.35 and its 200-day simple moving average is $17.30. Mitsubishi has a fifty-two week low of $14.85 and a fifty-two week high of $23.68. The stock has a market capitalization of $70.58 billion, a PE ratio of 10.26 and a beta of 0.52.

Mitsubishi (OTCMKTS:MSBHF) last announced its earnings results on Thursday, February 6th. The company reported $0.35 earnings per share (EPS) for the quarter. Mitsubishi had a return on equity of 10.56% and a net margin of 5.81%. Sell-side analysts expect that Mitsubishi will post 1.6 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Macquarie lowered shares of Mitsubishi from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 7th.

Mitsubishi Company Profile

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.