Mitsui & Co. (OTCMKTS:MITSY) Short Interest Down 66.7% in December

Mitsui & Co. (OTCMKTS:MITSY) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 3,184 shares, a decrease of 66.7% from the November 30th total of 9,563 shares. Based on an average daily volume of 10,721 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 10,721 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Mitsui & Co. has an average rating of “Buy”.

Mitsui & Co. Trading Up 0.1%

Shares of MITSY stock traded up $0.70 during trading hours on Friday, hitting $583.71. The company had a trading volume of 2,308 shares, compared to its average volume of 4,281. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.61 and a quick ratio of 1.32. The stock has a market capitalization of $83.87 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 6.65 and a beta of 0.64. The company’s fifty day moving average is $532.89 and its 200 day moving average is $478.56. Mitsui & Co. has a fifty-two week low of $333.10 and a fifty-two week high of $616.11.

Mitsui & Co. (OTCMKTS:MITSY) last announced its earnings results on Wednesday, November 5th. The industrial products company reported $10.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.77 by $3.17. Mitsui & Co. had a return on equity of 11.49% and a net margin of 6.47%.The company had revenue of $22.42 billion for the quarter, compared to analyst estimates of $23.58 billion. Research analysts expect that Mitsui & Co. will post 42.43 earnings per share for the current fiscal year.

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.