Short Interest in Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) Expands By 22.3%

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 9,070,500 shares, an increase of 22.3% from the March 31st total of 7,416,300 shares. Based on an average trading volume of 30,700 shares, the days-to-cover ratio is currently 295.5 days.

Mitsubishi Heavy Industries Trading Up 3.7 %

MHVYF stock traded up $0.32 on Tuesday, reaching $9.03. The company’s stock had a trading volume of 32,962 shares, compared to its average volume of 10,879. The firm has a market cap of $30.46 billion, a PE ratio of 21.00 and a beta of 0.69. The business has a fifty day simple moving average of $8.63 and a two-hundred day simple moving average of $6.85. Mitsubishi Heavy Industries has a 12-month low of $3.71 and a 12-month high of $9.85. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.80 and a current ratio of 1.15.

Mitsubishi Heavy Industries (OTCMKTS:MHVYF) last posted its earnings results on Tuesday, February 6th. The company reported $0.09 EPS for the quarter. Mitsubishi Heavy Industries had a net margin of 4.49% and a return on equity of 10.42%. The firm had revenue of $8.07 billion during the quarter. As a group, research analysts forecast that Mitsubishi Heavy Industries will post 0.45 EPS for the current year.

Mitsubishi Heavy Industries Company Profile

Mitsubishi Heavy Industries, Ltd. manufactures and sells heavy machinery worldwide. It operates through Energy Systems; Plants & Infrastructure Systems; Logistics, Thermal & Drive Systems; and Aircraft, Defense & Space segments. The company offers thermal, renewable energy, nuclear power generation, and engine power plants; oil and gas production plants; lithium-ion battery products and fuel cells; civil aircrafts and engines, aviation equipment, and maintenance, repair, and overhaul of aircrafts; and launch vehicles and services, rocket engines, reaction control systems, space stations, rocket launchers, rocket engine combustion test facilities, and electronic parts.