ITOCHU Co. (OTCMKTS:ITOCY) Short Interest Update

ITOCHU Co. (OTCMKTS:ITOCY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 18,100 shares, a growth of 1,292.3% from the December 15th total of 1,300 shares. Based on an average trading volume of 68,100 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of ITOCHU

A hedge fund recently raised its stake in ITOCHU stock. Rhumbline Advisers boosted its position in ITOCHU Co. (OTCMKTS:ITOCY) by 5.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,001 shares of the company’s stock after purchasing an additional 535 shares during the period. Rhumbline Advisers’ holdings in ITOCHU were worth $1,082,000 as of its most recent SEC filing. 0.08% of the stock is currently owned by institutional investors.

ITOCHU Trading Down 0.1 %

ITOCHU stock opened at $92.44 on Tuesday. ITOCHU has a one year low of $79.25 and a one year high of $116.50. The business’s fifty day moving average is $99.55 and its 200 day moving average is $100.58. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.98. The stock has a market capitalization of $66.51 billion, a PE ratio of 12.49 and a beta of 0.75.

ITOCHU Company Profile

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.