Mitsui & Co. (OTCMKTS:MITSY) Shares Shorted: Short Interest Up 1,218.1% in October

Mitsui & Co. (OTCMKTS:MITSY – Get Free Report) was the recipient of a significant growth in short interest in the month of 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. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 18,906 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on MITSY

Mitsui & Co. Trading Up 1.4%

Shares of Mitsui & Co. stock traded up $8.48 on Tuesday, hitting $622.80. 4,558 shares of the company traded hands, compared to its average volume of 7,899. The stock’s 50 day moving average price is $638.35 and its 200-day moving average price is $667.57. The company has a current ratio of 1.45, a quick ratio of 1.22 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. The company has a market cap of $88.96 billion, a PE ratio of 13.99, a PEG ratio of 0.89 and a beta of 0.50.

Mitsui & Co. Company Profile

(Get Free Report)

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.

Further Reading

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