Mitsubishi Motors (OTCMKTS:MMTOF) Shares Up 2.5%

Shares of Mitsubishi Motors Co. (OTCMKTS:MMTOF) traded up 2.5% on Friday . The stock traded as high as $2.85 and last traded at $2.85. 1,800 shares changed hands during mid-day trading, an increase of 0% from the average session volume of 1,793 shares. The stock had previously closed at $2.78.

Mitsubishi Motors Stock Up 2.5 %

The stock has a fifty day moving average price of $2.65 and a 200-day moving average price of $2.90.

Institutional Trading of Mitsubishi Motors

A hedge fund recently raised its stake in Mitsubishi Motors stock. Silvercrest Asset Management Group LLC boosted its holdings in Mitsubishi Motors Co. (OTCMKTS:MMTOF) by 36.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,400 shares of the company’s stock after acquiring an additional 6,000 shares during the quarter. Silvercrest Asset Management Group LLC’s holdings in Mitsubishi Motors were worth $73,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 9.78% of the company’s stock.

About Mitsubishi Motors

Mitsubishi Motors Corporation, together with its subsidiaries, engages in the development, production, and sale of passenger vehicles, and its parts and components in Japan, Europe, North America, Oceania, the rest of Asia, and internationally. Its products include EVs/PHEVs, SUVs, pickup trucks, MPVs, and cars under the Mitsubishi brand.