Mitsui & Co. (OTCMKTS:MITSY) Short Interest Update

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 3,800 shares, an increase of 26.7% from the May 15th total of 3,000 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 51,200 shares, the days-to-cover ratio is currently 0.1 days.

Mitsui & Co. Stock Performance

Shares of OTCMKTS MITSY traded down $7.87 during trading on Friday, reaching $401.71. 12,301 shares of the company traded hands, compared to its average volume of 17,793. The firm has a 50 day simple moving average of $400.85 and a 200-day simple moving average of $393.77. Mitsui & Co. has a 52-week low of $333.10 and a 52-week high of $487.50. The stock has a market capitalization of $57.72 billion, a PE ratio of 10.00 and a beta of 0.76. The company has a quick ratio of 1.29, a current ratio of 1.56 and a debt-to-equity ratio of 0.52.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The industrial products company reported $11.25 earnings per share for the quarter, missing analysts' consensus estimates of $12.73 by ($1.48). Mitsui & Co. had a net margin of 6.12% and a return on equity of 11.45%. The company had revenue of $25.31 billion for the quarter, compared to the consensus estimate of $23.44 billion. Equities research analysts anticipate that Mitsui & Co. will post 42.43 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Nomura Securities upgraded Mitsui & Co. to a "strong-buy" rating in a report on Wednesday, May 28th.

Mitsui & Co. Company Profile

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.