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

Key Points

• Mitsui & Co. saw a significant rise in short interest of 108.0% in August, increasing from 2,500 to 5,200 shares.
• The stock has a current market cap of $70.73 billion and is trading at $492.26, having recently experienced a 0.8% decline.
• Analysts hold a consensus rating of "Buy" for Mitsui & Co., with one analyst giving a "strong-buy" rating and another assigning a "hold" rating.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 5,200 shares, an increase of 108.0% from the August 15th total of 2,500 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MITSY shares. Nomura Securities raised Mitsui & Co. to a "strong-buy" rating in a research note on Wednesday, May 28th. Zacks Research downgraded Mitsui & Co. from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy".

Mitsui & Co. Stock Down 0.8%

Mitsui & Co. stock traded down $3.74 during mid-day trading on Friday, hitting $492.26. 2,751 shares of the company's stock were exchanged, compared to its average volume of 4,244. The company has a current ratio of 1.57, a quick ratio of 1.32 and a debt-to-equity ratio of 0.53. The stock has a market cap of $70.73 billion, a P/E ratio of 13.11, a P/E/G ratio of 1.38 and a beta of 0.67. Mitsui & Co. has a 1-year low of $333.10 and a 1-year high of $523.39. The stock has a 50 day moving average of $441.45 and a two-hundred day moving average of $410.14.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) last posted its earnings results on Friday, August 1st. The industrial products company reported $9.23 EPS for the quarter, missing the consensus estimate of $9.29 by ($0.06). The business had revenue of $21.93 billion for the quarter, compared to analyst estimates of $25.80 billion. Mitsui & Co. had a return on equity of 10.48% and a net margin of 5.77%. As a group, analysts anticipate that Mitsui & Co. will post 42.43 EPS for the current fiscal year.

About Mitsui & Co.

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.

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