Mitsui & Co. (OTCMKTS:MITSY) Short Interest Update

Mitsui & Co. (OTCMKTS:MITSY) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,937 shares, an increase of 264.1% from the June 30th total of 532 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 14,638 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

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

Mitsui & Co. Stock Up 0.9%

Shares of MITSY traded up $5.38 during midday trading on Friday, reaching $607.61. 21,503 shares of the company were exchanged, compared to its average volume of 7,418. The company has a market cap of $86.79 billion, a price-to-earnings ratio of 15.73, a P/E/G ratio of 1.11 and a beta of 0.48. The company has a current ratio of 1.41, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. Mitsui & Co. has a 1-year low of $397.36 and a 1-year high of $835.49. The stock has a 50-day moving average price of $612.30 and a 200-day moving average price of $684.74.

Mitsui & Co. (OTCMKTS:MITSY) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $9.94 EPS 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 analyst estimates of $34.72 billion. Mitsui & Co. had a return on equity of 9.81% and a net margin of 5.96%. Research analysts expect that Mitsui & Co. will post 47.56 earnings per share for the current year.

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.