Marubeni Co. (OTCMKTS:MARUY) Sees Significant Drop in Short Interest

Marubeni Co. (OTCMKTS:MARUY) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decrease of 27.3% from the February 28th total of 2,200 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 24,200 shares, the short-interest ratio is presently 0.1 days.

Marubeni Stock Performance

Shares of MARUY traded up $0.02 during mid-day trading on Tuesday, hitting $161.52. 17,287 shares of the company’s stock were exchanged, compared to its average volume of 30,669. The company has a current ratio of 1.38, a quick ratio of 1.05 and a debt-to-equity ratio of 0.54. Marubeni has a fifty-two week low of $133.75 and a fifty-two week high of $203.84. The business’s 50 day moving average is $157.38 and its two-hundred day moving average is $155.54. The firm has a market capitalization of $26.82 billion, a P/E ratio of 7.78, a P/E/G ratio of 2.21 and a beta of 0.87.

Marubeni (OTCMKTS:MARUY) last issued its earnings results on Wednesday, February 5th. The conglomerate reported $7.39 earnings per share for the quarter. Marubeni had a net margin of 6.94% and a return on equity of 14.21%. On average, equities analysts expect that Marubeni will post 19.54 earnings per share for the current year.

Marubeni Company Profile

Marubeni Corporation engages in various business activities. It manufactures, wholesales, and retails apparel, footwear, home furnishing and sport goods, industrial and textile materials, tire and rubber materials, and household and nursing care products; develops uranium, nuclear fuel cycle, iron ore, coking coal, copper mines, and related equipment and services; smelts and refines aluminum and magnesium; leases temporary steel construction materials; explores for, develops, and produces oil and gas; manages infrastructure funds; and develops and manages real estate.