Marubeni Corp. (OTCMKTS:MARUY) Short Interest Up 133.7% in June

Marubeni Corp. (OTCMKTS:MARUY) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 5,238 shares, a growth of 133.7% from the May 31st total of 2,241 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 64,215 shares, the days-to-cover ratio is presently 0.1 days.

Marubeni Trading Down 1.1%

Shares of OTCMKTS:MARUY opened at $290.40 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 1.37 and a debt-to-equity ratio of 0.43. The company’s 50-day moving average price is $332.58 and its 200 day moving average price is $336.91. The company has a market cap of $47.81 billion, a PE ratio of 13.18, a P/E/G ratio of 1.62 and a beta of 0.50. Marubeni has a fifty-two week low of $195.00 and a fifty-two week high of $426.06.

Marubeni (OTCMKTS:MARUY) last announced its quarterly earnings results on Friday, May 1st. The conglomerate reported $4.33 EPS for the quarter, missing the consensus estimate of $4.58 by ($0.25). The firm had revenue of $13.36 billion during the quarter, compared to analyst estimates of $14.83 billion. Marubeni had a net margin of 6.60% and a return on equity of 13.11%. Sell-side analysts anticipate that Marubeni will post 23.86 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded Marubeni from a “buy” rating to a “neutral” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Marubeni currently has an average rating of “Hold”.

Marubeni Company Profile

Marubeni Corporation (OTCMKTS:MARUY) is a major Japanese sogo shosha, or integrated trading and investment company, headquartered in Tokyo. The firm conducts a broad range of commercial activities that span commodity trading, project development, investment and financing, and supply-chain services. Marubeni operates through a network of subsidiaries, joint ventures and branch offices to support cross-border trade and large-scale industrial projects.

The company’s activities cover a wide set of industry sectors, including energy and power, metals and minerals, chemicals and industrial materials, food and consumer products, transportation and industrial machinery, and infrastructure.