Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) Short Interest Update

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 5,200 shares, a decrease of 84.8% from the February 28th total of 34,300 shares. Based on an average daily volume of 161,100 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Mitsubishi Estate Stock Down 2.9 %

Shares of MITEY traded down $0.51 during midday trading on Thursday, hitting $16.93. The company’s stock had a trading volume of 28,385 shares, compared to its average volume of 88,003. The stock has a market capitalization of $21.18 billion, a price-to-earnings ratio of 16.44 and a beta of 0.41. Mitsubishi Estate has a one year low of $12.78 and a one year high of $20.40. The company’s fifty day simple moving average is $14.78 and its two-hundred day simple moving average is $14.73.

Mitsubishi Estate (OTCMKTS:MITEY) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.28 EPS for the quarter. Mitsubishi Estate had a net margin of 12.13% and a return on equity of 5.27%.

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.