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

Mitsui & Co. (OTCMKTS:MITSY) was the target of a significant 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 trading volume of 21,176 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Mitsui & Co. Stock Performance

Shares of MITSY traded down $10.13 during midday trading on Friday, reaching $607.12. The stock had a trading volume of 3,094 shares, compared to its average volume of 7,890. The firm has a market cap of $86.72 billion, a PE ratio of 14.32, a P/E/G ratio of 1.30 and a beta of 0.47. The firm has a 50 day simple moving average of $592.21 and a 200-day simple moving average of $682.48. Mitsui & Co. has a one year low of $397.36 and a one year high of $835.49. 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. (OTCMKTS:MITSY) last issued its earnings results 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. Mitsui & Co. had a net margin of 6.22% and a return on equity of 10.56%. The company had revenue of $27.77 billion for the quarter, compared to analysts’ expectations of $22.29 billion. As a group, sell-side analysts anticipate that Mitsui & Co. will post 40.73 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered 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”.

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.