What Next for MITSUBISHI UFJ FINANCIAL (OTCMKTS:MBFJF) Stock After Increase in Shorted Shares?

February 15, 2018 - By Linda Rogers

The stock of MITSUBISHI UFJ FINANCIAL (OTCMKTS:MBFJF) registered an increase of 3.12% in short interest. MBFJF’s total short interest was 6.08 million shares in February as published by FINRA. Its up 3.12% from 5.90M shares, reported previously. With 319,900 shares average volume, it will take short sellers 19 days to cover their MBFJF’s short positions.

It closed at $7.25 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Mitsubishi UFJ Financial Group, Inc., a bank holding company, provides financial services in Japan and internationally. The company has market cap of $89.46 billion. The Company’s Retail Banking Business Group segment offers banking services and products, including financial consulting services; deposit products, such as non-interest-bearing deposit accounts; asset management and administration services; trust products; and other investment products. It has a 38.56 P/E ratio. This segment also provides annuity, single premium whole life, flat-rate premium whole life, medical, cancer, and nursing-care insurance products; testamentary trust services; housing loans; Internet banking services; and credit cards.

More notable recent Mitsubishi UFJ Financial Group, Inc. (OTCMKTS:MBFJF) news were published by: Globenewswire.com which released: “Bank of Tokyo-Mitsubishi UFJ Adopts Kofax Solution to Achieve Digital …” on February 12, 2018, also Reuters.com with their article: “MUFG 9-month profit rises 9.7 pct on fewer bad loans” published on February 02, 2018, Gurufocus.com published: “Hollow Brook Wealth Management LLC Buys Mitsubishi UFJ Financial Group Inc …” on February 14, 2018. More interesting news about Mitsubishi UFJ Financial Group, Inc. (OTCMKTS:MBFJF) were released by: Prnewswire.com and their article: “Stock Review for Banking Investors — Mitsubishi UFJ Financial, Royal Bank of …” published on February 13, 2018 as well as Nasdaq.com‘s news article titled: “Mitsubishi UFJ to Pay $30M to Resolve Yen LIBOR Rigging Case” with publication date: February 13, 2018.

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