Mitsui & Co. (OTCMKTS:MITSY) Stock Short Interest Drops 90.1%

Mitsui & Co. (OTCMKTS:MITSY – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 221 shares, a decline of 90.1% from the September 30th total of 2,243 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 10,092 shares, the short-interest ratio is currently 0.0 days.

Mitsui & Co. Stock Performance

Shares of OTCMKTS MITSY traded up $16.89 during trading on Monday, reaching $649.84. 3,172 shares of the stock traded hands, compared to its average volume of 7,335. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.45 and a quick ratio of 1.22. The stock has a market capitalization of $92.82 billion, a P/E ratio of 15.32, a price-to-earnings-growth ratio of 1.14 and a beta of 0.49. Mitsui & Co. has a 52-week low of $480.35 and a 52-week high of $835.49. The company has a 50-day moving average of $634.51 and a 200-day moving average of $667.78.

Mitsui & Co. (OTCMKTS:MITSY – Get Free Report) last posted its earnings results on Monday, August 3rd. The industrial products company reported $13.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.36 by $3.65. Mitsui & Co. had a return on equity of 10.67% and a net margin of 6.22%. The firm had revenue of $27.77 billion for the quarter, compared to the consensus estimate of $22.29 billion. Analysts forecast that Mitsui & Co. will post 48.18 EPS for the current fiscal year.

About Mitsui & Co.

(Get Free Report)

Mitsui & Co, Ltd. is a Japanese general trading and investment company, commonly known as a sogo shosha. The company develops businesses, arranges the international trade of goods and services, and invests in projects and operating companies across a broad range of industries.

Its activities include mineral and metal resources, energy, infrastructure, mobility, machinery, chemicals, food and agriculture, healthcare, retail, information technology, and communications. Mitsui participates in areas such as natural gas and energy development, transportation and industrial equipment, logistics, digital services, and food distribution, often working with business partners and portfolio companies to build supply chains and operate projects.

Mitsui traces its modern corporate history to the establishment of Mitsui & Co in 1947, building on the longer commercial heritage of the Mitsui business group.

Further Reading

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