Mitsui & Co. (OTCMKTS:MITSY) Short Interest Down 54.8% in June

Mitsui & Co. (OTCMKTS:MITSY) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 532 shares, a drop of 54.8% from the June 15th total of 1,178 shares. Based on an average daily trading volume, of 22,250 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Mitsui & Co. Stock Up 3.1%

Shares of Mitsui & Co. stock traded up $17.36 on Tuesday, reaching $585.67. The company’s stock had a trading volume of 4,554 shares, compared to its average volume of 8,010. Mitsui & Co. has a 52 week low of $388.00 and a 52 week high of $835.49. The firm’s fifty day simple moving average is $640.01 and its two-hundred day simple moving average is $685.16. The company has a quick ratio of 1.19, a current ratio of 1.41 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $83.66 billion, a price-to-earnings ratio of 15.16, a P/E/G ratio of 1.04 and a beta of 0.48.

Mitsui & Co. (OTCMKTS:MITSY) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $9.94 earnings per share for the quarter, missing the consensus estimate of $10.81 by ($0.87). The company had revenue of $23.22 billion for the quarter, compared to analysts’ expectations of $34.72 billion. Mitsui & Co. had a net margin of 5.96% and a return on equity of 9.81%. Equities analysts anticipate that Mitsui & Co. will post 47.56 earnings per share for the current year.

Analyst Ratings Changes

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

About Mitsui & Co.

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.