Mitsui & Co. (OTCMKTS:MITSY) Short Interest Up 264.1% in July

Mitsui & Co. (OTCMKTS:MITSY) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,937 shares, a growth of 264.1% from the June 30th total of 532 shares. Based on an average trading volume of 14,638 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. One 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. Stock Performance

MITSY traded down $3.72 during trading on Monday, hitting $603.89. The stock had a trading volume of 5,621 shares, compared to its average volume of 8,058. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.41 and a quick ratio of 1.19. The company has a 50 day moving average price of $612.30 and a 200-day moving average price of $685.27. Mitsui & Co. has a one year low of $397.36 and a one year high of $835.49. The firm has a market cap of $86.26 billion, a price-to-earnings ratio of 15.63, a P/E/G ratio of 1.11 and a beta of 0.48.

Mitsui & Co. (OTCMKTS:MITSY) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $9.94 earnings per share for the quarter, missing the consensus estimate of $10.81 by ($0.87). The business had revenue of $23.22 billion during 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%. As a group, research analysts predict that Mitsui & Co. will post 47.56 EPS for the current year.

About Mitsui & Co.

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.