Short Interest in Mitsui & Co., Ltd. (OTCMKTS:MITSY) Drops By 61.2%

Mitsui & Co., Ltd. (OTCMKTS:MITSY) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 6,400 shares, a decline of 61.2% from the March 15th total of 16,500 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 23,100 shares, the days-to-cover ratio is presently 0.3 days.

Mitsui & Co., Ltd. Trading Down 1.3 %

Shares of MITSY traded down $4.75 during mid-day trading on Wednesday, reaching $367.25. 39,283 shares of the company were exchanged, compared to its average volume of 20,757. The business has a 50 day simple moving average of $375.07 and a two-hundred day simple moving average of $402.03. Mitsui & Co., Ltd. has a 52 week low of $333.10 and a 52 week high of $550.00. The stock has a market capitalization of $53.22 billion, a PE ratio of 8.34 and a beta of 0.71. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.23 and a current ratio of 1.48.

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

About Mitsui & Co., Ltd.

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.