Marubeni Corp. (OTCMKTS:MARUY) Short Interest Up 600.0% in July

Key Points

• Short interest in Marubeni Corp. increased by 600.0% in July, rising from 900 to 6,300 shares, indicating heightened bearish sentiment among investors.
• As of its latest financial report, Marubeni's EPS was $3.08, falling short of analysts' expectations of $3.43.
• Marubeni's stock is currently trading at approximately $202.81, with a market cap of $33.68 billion and a price-to-earnings ratio of 10.23.

Marubeni Corp. (OTCMKTS:MARUY - Get Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 6,300 shares, agrowthof600.0% from the June 30th total of 900 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 0.5 days.

Marubeni Stock Up 2.8%

Shares of MARUY stock traded up $5.86 during trading hours on Wednesday, reaching $213.61. 11,075 shares of the company's stock were exchanged, compared to its average volume of 33,488. The stock has a market cap of $35.48 billion, a PE ratio of 10.26, a PEG ratio of 1.45 and a beta of 0.80. Marubeni has a 1 year low of $126.85 and a 1 year high of $214.25. The company has a current ratio of 1.42, a quick ratio of 1.01 and a debt-to-equity ratio of 0.54. The stock's fifty day moving average price is $201.90 and its two-hundred day moving average price is $177.07.

Marubeni (OTCMKTS:MARUY - Get Free Report) last released its earnings results on Friday, August 1st. The conglomerate reported $6.47 EPS for the quarter, topping analysts' consensus estimates of $6.26 by $0.21. Marubeni had a return on equity of 14.00% and a net margin of 6.52%. The firm had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $14.64 billion. Research analysts predict that Marubeni will post 19.54 EPS for the current year.

About Marubeni

Marubeni Corporation engages in various business activities. It manufactures, wholesales, and retails apparel, footwear, home furnishing and sport goods, industrial and textile materials, tire and rubber materials, and household and nursing care products; develops uranium, nuclear fuel cycle, iron ore, coking coal, copper mines, and related equipment and services; smelts and refines aluminum and magnesium; leases temporary steel construction materials; explores for, develops, and produces oil and gas; manages infrastructure funds; and develops and manages real estate.