Mitsui & Co. (OTCMKTS:MITSY) Shares Shorted: Short Interest Up 1,218.1% in October

Mitsui & Co. (OTCMKTS:MITSY) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 2,913 shares, a growth of 1,218.1% from the October 15th total of 221 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 18,906 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Mitsui & Co. from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 27th. One research analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, Mitsui & Co. has an average rating of “Strong Buy”.

Mitsui & Co. Trading Up 0.9%

OTCMKTS:MITSY traded up $5.49 on Thursday, hitting $637.67. The stock had a trading volume of 3,183 shares, compared to its average volume of 7,507. The company has a quick ratio of 1.22, a current ratio of 1.45 and a debt-to-equity ratio of 0.55. The stock has a market cap of $91.08 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 0.90 and a beta of 0.50. The company has a fifty day moving average price of $638.21 and a two-hundred day moving average price of $667.49. Mitsui & Co. has a 1-year low of $500.00 and a 1-year high of $835.49.

About Mitsui & Co.

Mitsui & Co. is a Japan-based general trading and investment company with roots in Mitsui Bussan, established in 1876. The present company was established in 1947 and operates across a broad range of industries. The company trades, develops and invests in businesses involving mineral and metal resources, energy, machinery and infrastructure, chemicals, mobility, food and consumer goods. Its activities also include services and projects related to logistics, information technology and healthcare.