Short Interest in Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) Expands By 234.4%

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 43,800 shares, a growth of 234.4% from the December 15th total of 13,100 shares. Based on an average daily trading volume, of 285,800 shares, the days-to-cover ratio is currently 0.2 days.

Mitsubishi Estate Price Performance

MITEY opened at $13.60 on Thursday. The stock has a market capitalization of $17.01 billion, a price-to-earnings ratio of 19.00 and a beta of 0.47. The business has a 50-day moving average of $13.83 and a two-hundred day moving average of $15.27. Mitsubishi Estate has a 12 month low of $12.78 and a 12 month high of $20.40.

About Mitsubishi Estate

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.