Mitsui & Co. (OTCMKTS:MITSY) Short Interest Up 84.3% in July

Mitsui & Co. (OTCMKTS:MITSY) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 3,570 shares, a growth of 84.3% from the July 15th total of 1,937 shares. Based on an average daily trading volume, of 21,176 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Mitsui & Co. Price Performance

Shares of MITSY opened at $613.55 on Tuesday. The company has a 50 day moving average price of $591.81 and a 200-day moving average price of $682.42. Mitsui & Co. has a fifty-two week low of $397.36 and a fifty-two week high of $835.49. The stock has a market capitalization of $87.64 billion, a PE ratio of 14.47, a PEG ratio of 1.30 and a beta of 0.47. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.41.

Mitsui & Co. (OTCMKTS:MITSY) last released its quarterly earnings data on Monday, August 3rd. The industrial products company reported $13.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.36 by $3.65. The firm had revenue of $27.77 billion for the quarter, compared to the consensus estimate of $22.29 billion. Mitsui & Co. had a net margin of 6.22% and a return on equity of 10.56%. Equities analysts predict that Mitsui & Co. will post 40.73 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research lowered Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Mitsui & Co. currently has an average rating of “Hold”.

Mitsui & Co. Company Profile

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.