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

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) was the target of 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 presently 0.2 days.

Mitsubishi Estate Stock Up 0.2 %

Shares of MITEY opened at $13.32 on Tuesday. Mitsubishi Estate has a 52-week low of $12.78 and a 52-week high of $20.40. The company has a 50-day simple moving average of $13.87 and a 200-day simple moving average of $15.29. The company has a market capitalization of $16.66 billion, a PE ratio of 14.32 and a beta of 0.47.

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.