ITOCHU Co. (OTCMKTS:ITOCY) Short Interest Update

ITOCHU Co. (OTCMKTS:ITOCY) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 6,400 shares, an increase of 166.7% from the February 13th total of 2,400 shares. Based on an average daily trading volume, of 324,400 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

ITOCHU Stock Performance

ITOCY stock traded up $1.62 during trading on Friday, reaching $93.15. The company had a trading volume of 42,050 shares, compared to its average volume of 81,744. The firm has a 50-day simple moving average of $90.31 and a 200-day simple moving average of $98.06. The company has a market cap of $67.02 billion, a price-to-earnings ratio of 12.16 and a beta of 0.76. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.97 and a current ratio of 1.31. ITOCHU has a twelve month low of $79.12 and a twelve month high of $116.50.

ITOCHU (OTCMKTS:ITOCY) last released its earnings results on Thursday, February 6th. The company reported $2.19 EPS for the quarter. ITOCHU had a net margin of 5.93% and a return on equity of 13.97%.

Institutional Trading of ITOCHU

A hedge fund recently raised its stake in ITOCHU stock. GAMMA Investing LLC raised its holdings in shares of ITOCHU Co. (OTCMKTS:ITOCY) by 13.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,655 shares of the company’s stock after acquiring an additional 192 shares during the period. GAMMA Investing LLC’s holdings in ITOCHU were worth $163,000 at the end of the most recent quarter. Institutional investors own 0.08% of the company’s stock.

About ITOCHU

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.