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

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) saw a large increase in short interest during the month of 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 daily trading volume, of 30,700 shares, the days-to-cover ratio is currently 295.5 days.

Mitsubishi Heavy Industries Stock Up 3.6 %

MHVYF traded up $0.32 during trading on Tuesday, hitting $9.03. The company had a trading volume of 32,962 shares, compared to its average volume of 10,879. The company has a market cap of $30.45 billion, a PE ratio of 20.26 and a beta of 0.69. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.15 and a quick ratio of 0.80. Mitsubishi Heavy Industries has a 1-year low of $3.71 and a 1-year high of $9.85. The business has a 50-day moving average of $8.58 and a 200-day moving average of $6.82.

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