ITOCHU Co. (OTCMKTS:ITOCY) Short Interest Update

ITOCHU Co. (OTCMKTS:ITOCY) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 2,400 shares, a drop of 56.4% from the January 31st total of 5,500 shares. Based on an average daily volume of 106,700 shares, the short-interest ratio is presently 0.0 days.

ITOCHU Stock Down 0.7 %

Shares of OTCMKTS:ITOCY opened at $88.79 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.97. The business has a 50 day simple moving average of $91.74 and a two-hundred day simple moving average of $98.46. ITOCHU has a 1 year low of $79.12 and a 1 year high of $116.50. The firm has a market capitalization of $63.88 billion, a PE ratio of 11.59 and a beta of 0.74.

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

Institutional Investors Weigh In On ITOCHU

An institutional investor recently raised its position in ITOCHU stock. GAMMA Investing LLC lifted its stake in shares of ITOCHU Co. (OTCMKTS:ITOCY) by 13.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,655 shares of the company’s stock after acquiring an additional 192 shares during the quarter. GAMMA Investing LLC’s holdings in ITOCHU were worth $163,000 at the end of the most recent reporting period. 0.08% of the stock is owned by institutional investors and hedge funds.

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.