Mitsui & Co., Ltd. Sees Dramatic Increase in Short Interest

Mitsui & Co., Ltd. (OTCMKTS:MITSY - Get Free Report) experienced a remarkable rise in short interest during the month of February. As of February 28th, the total short interest reached 700 shares, which represents an astonishing increase of 600.0% when compared to the 100 shares reported on February 13th. Currently, the percentage of shares sold short stands at 0.0%. Given the average daily trading volume of 56,900 shares, the short-interest ratio is effectively 0.0 days, indicating that it would take no days to cover the short positions.

Mitsui & Co., Ltd. Stock Performance

On Wednesday, shares of Mitsui & Co., Ltd. fell by 0.6%, trading down by $2.12 to reach $370.80. During this trading session, 11,326 shares changed hands, which is lower than the average trading volume of 22,577 shares. The company showcases a quick ratio of 1.23 and a current ratio of 1.48, along with a debt-to-equity ratio of 0.49. With a market capitalization of approximately $55.16 billion, Mitsui & Co. has a price-to-earnings ratio of 8.42 and a beta of 0.77. The stock has seen a 50-day moving average price of $385.80 and a 200-day moving average price of $409.58, with its twelve-month low recorded at $335.73 and a high at $550.00.

Recent Earnings Report

Mitsui & Co., Ltd. released its quarterly earnings data on February 4th. The industrial products entity reported earnings per share (EPS) of $10.87 for the quarter. The company achieved a net margin of 6.91% and a return on equity of 12.55%. Analysts project that Mitsui & Co. will post an EPS of 42.43 for the current fiscal year.

About Mitsui & Co., Ltd.

Mitsui & Co., Ltd. operates as a global trading and investment company. It engages in the manufacturing and sales of steel products, as well as steel processing, maintenance, and recycling. Additionally, the company is involved in the investment, development, and trading of mineral and metal resources, resource recycling, and industrial development solutions. Mitsui also handles upstream development, logistics, and trading of energy resources, including natural gas/LNG, oil, coal, and uranium.

Mitsui, Stocks, Short