ITOCHU Co. (OTCMKTS:ITOCY) Short Interest Update

ITOCHU Co. (OTCMKTS:ITOCY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 15,300 shares, a growth of 139.1% from the February 28th total of 6,400 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 122,300 shares, the short-interest ratio is presently 0.1 days.

ITOCHU Trading Down 1.6 %

Shares of ITOCHU stock traded down $1.51 on Friday, hitting $94.37. 59,376 shares of the company traded hands, compared to its average volume of 75,292. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.41. The stock’s 50 day moving average price is $90.64 and its 200-day moving average price is $97.63. The company has a market cap of $67.90 billion, a PE ratio of 12.32 and a beta of 0.76. ITOCHU has a 52 week low of $79.12 and a 52 week high of $116.50.

ITOCHU (OTCMKTS:ITOCY) last issued its quarterly earnings data on Thursday, February 6th. The company reported $2.19 earnings per share (EPS) for the quarter. ITOCHU had a net margin of 5.93% and a return on equity of 13.97%.

Institutional Trading of ITOCHU

An institutional investor recently bought a new position in ITOCHU stock. SVB Wealth LLC bought a new position in ITOCHU Co. (OTCMKTS:ITOCY) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,193 shares of the company’s stock, valued at approximately $413,000. Hedge funds and other institutional investors own 0.08% of the company’s stock.

About ITOCHU

ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company’s Textile segment produces and sells raw materials, threads, and textiles; and garments, home furnishings, and industrial materials, as well as trades in industrial textile and lifestyle products. Its Machinery segment engages in the plants, bridges, railways, and other infrastructure; power generation, transmission, transformation, and sale; water, environment and waste-related; ship trading; renewable and alternative energy; and waste recycling businesses.