Mitsui & Co. (OTCMKTS:MITSY) Shares Shorted: Short Interest Down 90.1% in October

Mitsui & Co. (OTCMKTS:MITSY) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 221 shares, a drop of 90.1% from the September 30th total of 2,243 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 10,092 shares, the short-interest ratio is presently 0.0 days.

Mitsui & Co. Price Performance

Shares of MITSY stock traded down $11.84 during midday trading on Wednesday, reaching $638.06. 69,198 shares of the company were exchanged, compared to its average volume of 7,609. The company’s 50 day moving average price is $636.28 and its two-hundred day moving average price is $668.16. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.22 and a current ratio of 1.45. The company has a market cap of $91.14 billion, a P/E ratio of 15.05, a PEG ratio of 1.14 and a beta of 0.49. Mitsui & Co. has a 12 month low of $480.35 and a 12 month high of $835.49.

Mitsui & Co. (OTCMKTS:MITSY) last issued its quarterly earnings results on Monday, August 3rd. The industrial products company reported $13.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.36 by $3.65. Mitsui & Co. had a return on equity of 10.67% and a net margin of 6.22%. The firm had revenue of $27.77 billion during the quarter, compared to analyst estimates of $22.29 billion. On average, sell-side analysts expect that Mitsui & Co. will post 48.18 earnings per share for the current year.

About Mitsui & Co.

Mitsui & Co, Ltd. is a Japanese general trading and investment company, commonly known as a sogo shosha. The company develops businesses, arranges the international trade of goods and services, and invests in projects and operating companies across a broad range of industries.

Its activities include mineral and metal resources, energy, infrastructure, mobility, machinery, chemicals, food and agriculture, healthcare, retail, information technology, and communications. Mitsui participates in areas such as natural gas and energy development, transportation and industrial equipment, logistics, digital services, and food distribution, often working with business partners and portfolio companies to build supply chains and operate projects.

Mitsui traces its modern corporate history to the establishment of Mitsui & Co in 1947, building on the longer commercial heritage of the Mitsui business group.