ITOCHU Co. (OTCMKTS:ITOCY) Short Interest Down 91.1% in April

ITOCHU Co. (OTCMKTS:ITOCY - Get Free Report) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 5,900 shares, a decrease of 91.1% from the March 31st total of 66,300 shares. Based on an average daily trading volume, of 218,500 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of ITOCHU

A number of institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its stake in ITOCHU by 13.1% in the fourth quarter. GAMMA Investing LLC now owns 1,655 shares of the company's stock valued at $163,000 after buying an additional 192 shares in the last quarter. SVB Wealth LLC acquired a new position in shares of ITOCHU in the fourth quarter worth approximately $413,000. Finally, Confluence Investment Management LLC boosted its stake in shares of ITOCHU by 2.5% in the 1st quarter. Confluence Investment Management LLC now owns 8,516 shares of the company's stock valued at $792,000 after purchasing an additional 204 shares during the last quarter. 0.08% of the stock is currently owned by institutional investors.

ITOCHU Stock Performance

ITOCY stock traded down $0.95 during trading hours on Wednesday, hitting $102.50. 35,504 shares of the stock were exchanged, compared to its average volume of 76,519. ITOCHU has a 12 month low of $79.12 and a 12 month high of $116.50. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $73.75 billion, a P/E ratio of 13.38 and a beta of 0.73. The company has a 50-day simple moving average of $93.04 and a two-hundred day simple moving average of $95.33.

ITOCHU (OTCMKTS:ITOCY - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $2.19 earnings per share for the quarter. ITOCHU had a net margin of 5.93% and a return on equity of 13.97%.

ITOCHU Company Profile

ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company's Textile segment produces and sells raw materials, threads, and textiles; and garments, home furnishings, and industrial materials, as well as trades in industrial textile and lifestyle products. Its Machinery segment engages in the plants, bridges, railways, and other infrastructure; power generation, transmission, transformation, and sale; water, environment and waste-related; ship trading; renewable and alternative energy; and waste recycling businesses.