Mitsui & Co. (OTCMKTS:MITSY) Stock Short Interest Report for October

Mitsui & Co. (OTCMKTS:MITSY) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 2,913 shares, a growth of 1,218.1% from the October 15th total of 221 shares. Based on an average daily volume of 18,906 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Zacks Research raised Mitsui & Co. from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Mitsui & Co. Price Performance

Shares of MITSY stock traded up $8.93 during mid-day trading on Wednesday, hitting $631.73. 413 shares of the stock were exchanged, compared to its average volume of 7,514. The company has a market cap of $90.24 billion, a PE ratio of 14.38, a price-to-earnings-growth ratio of 0.89 and a beta of 0.50. The firm has a fifty day moving average of $638.35 and a 200 day moving average of $667.57. The company has a quick ratio of 1.22, a current ratio of 1.45 and a debt-to-equity ratio of 0.55. Mitsui & Co. has a 52-week low of $500.00 and a 52-week high of $835.49.

About Mitsui & Co.

Mitsui & Co. is a Japan-based general trading and investment company with roots in Mitsui Bussan, established in 1876. The present company was established in 1947 and operates across a broad range of industries. The company trades, develops and invests in businesses involving mineral and metal resources, energy, machinery and infrastructure, chemicals, mobility, food and consumer goods. Its activities also include services and projects related to logistics, information technology and healthcare.