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

Mitsui & Co., Ltd. (OTCMKTS:MITSY) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 600 shares, a decline 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 Performance

MITSY traded down $17.58 during trading on Thursday, hitting $950.65. The stock had a trading volume of 3,746 shares, compared to its average volume of 2,323. 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 firm has a market capitalization of $71.30 billion, a P/E ratio of 9.93 and a beta of 0.84. The company’s 50-day moving average price is $911.78 and its 200 day moving average price is $807.06. Mitsui & Co., Ltd. has a twelve month low of $613.00 and a twelve month high of $1,014.44.

Mitsui & Co., Ltd. (OTCMKTS:MITSY) last announced its quarterly earnings data on Friday, February 2nd. The industrial products company reported $24.29 earnings per share (EPS) for the quarter. The company had revenue of $24.52 billion for the quarter. Mitsui & Co., Ltd. had a net margin of 7.69% and a return on equity of 14.53%. On average, equities research analysts forecast that Mitsui & Co., Ltd. will post 85.79 EPS for the current fiscal year.

About Mitsui & Co., Ltd.

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.