Mitsui & Co., Ltd. (OTCMKTS:MITSY) Sees Significant Growth in Short Interest - Defense World

2022-05-14 14:23:10 By : Ms. Cherry Shi

Posted by admin on May 12th, 2022

Mitsui & Co., Ltd. (OTCMKTS:MITSY – Get Rating) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totalling 900 shares, an increase of 800.0% from the April 15th total of 100 shares. Based on an average daily trading volume, of 15,000 shares, the days-to-cover ratio is presently 0.1 days.

MITSY stock opened at $474.99 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.53 and a quick ratio of 1.27. The company has a 50 day moving average price of $514.67 and a 200 day moving average price of $492.33. Mitsui & Co., Ltd. has a fifty-two week low of $368.00 and a fifty-two week high of $577.00. The stock has a market capitalization of $38.89 billion, a PE ratio of 4.77, a price-to-earnings-growth ratio of 0.27 and a beta of 0.73.

Separately, Zacks Investment Research raised Mitsui & Co., Ltd. from a “hold” rating to a “strong-buy” rating and set a $590.00 target price on the stock in a research report on Friday, March 11th.

Mitsui & Co., Ltd. Company Profile (Get Rating)

Mitsui & Co, Ltd. operates as a general trading company worldwide. The company engages in the manufacture, export, and import of iron and steel products; automotive components, EV motors, and power trains; operation of steel processing service centers; trading of automotive, electrical, special, and stainless steel; electric-arc-furnace, construction materials processing, construction flat-rolled steel, shapes, bars, wire rods, steel structure materials, and construction pipes; manufacture, repair, and fabrication of wind turbine towers and flanges; and coal mining, power generation, ferrous alloy, infrastructure maintenance, and water pumping activities.

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