Mitsui & Co., Ltd. (OTCMKTS:MITSY) Sees Significant Growth in Short Interest

Mitsui & Co., Ltd. (OTCMKTS:MITSY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 16,500 shares, an increase of 2,257.1% from the February 28th total of 700 shares. Based on an average daily trading volume, of 30,000 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the company’s shares are sold short.

Mitsui & Co., Ltd. Price Performance

Mitsui & Co., Ltd. stock opened at $400.81 on Friday. The firm has a fifty day moving average of $383.05 and a 200-day moving average of $407.78. Mitsui & Co., Ltd. has a 52-week low of $335.73 and a 52-week high of $550.00. The company has a quick ratio of 1.23, a current ratio of 1.48 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $58.09 billion, a P/E ratio of 9.10 and a beta of 0.77.

Mitsui & Co., Ltd. (OTCMKTS:MITSY) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $10.87 earnings per share (EPS) for the quarter. Mitsui & Co., Ltd. had a return on equity of 12.55% and a net margin of 6.91%. As a group, analysts predict that Mitsui & Co., Ltd. will post 42.43 EPS for the current year.

Mitsui & Co., Ltd. Company Profile

Mitsui & Co, Ltd. operates as an trading and investment company worldwide. The company engages in the manufacture and sale of steel products; steel processing, maintenance, and recycling activities; investment, development, and trading of mineral and metal resources, as well as resource recycling and industrial developing solutions; and upstream development, logistics, and trading of energy resources, such as natural gas/LNG, oil, coal, and uranium.