Short Interest in Mitsui & Co., Ltd. (OTCMKTS:MITSY) Declines By 73.9%

Mitsui & Co., Ltd. (OTCMKTS:MITSY) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 600 shares, a drop of 73.9% from the March 31st total of 2,300 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 0.1 days.

Mitsui & Co., Ltd. Stock Down 1.8 %

Shares of MITSY stock traded down $17.58 during mid-day trading on Thursday, reaching $950.65. 3,746 shares of the company were exchanged, compared to its average volume of 2,323. Mitsui & Co., Ltd. has a fifty-two week low of $613.00 and a fifty-two week high of $1,014.44. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.25 and a current ratio of 1.48. The company has a market capitalization of $71.30 billion, a P/E ratio of 9.93 and a beta of 0.84. The business’s 50 day simple moving average is $911.78 and its 200 day simple moving average is $807.06.

Mitsui & Co., Ltd. (OTCMKTS:MITSY) last released its quarterly earnings results on Friday, February 2nd. The industrial products company reported $24.29 earnings per share for the quarter. Mitsui & Co., Ltd. had a net margin of 7.69% and a return on equity of 14.53%. The business had revenue of $24.52 billion during the quarter. Research analysts predict that Mitsui & Co., Ltd. will post 85.79 earnings per share for the current year.

Mitsui & Co., Ltd. Company Profile

Mitsui & Co, Ltd. operates as an investment and trading company worldwide. The company engages in the manufacture and sale of steel products and parts; 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.