ITOCHU Co. (OTCMKTS:ITOCY) Short Interest Update

ITOCHU Co. (OTCMKTS:ITOCY) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 2,700 shares, a drop of 97.9% from the November 15th total of 130,600 shares. Based on an average daily trading volume, of 78,600 shares, the short-interest ratio is currently 0.0 days.

ITOCHU Trading Down 0.3 %

Shares of ITOCY traded down $0.27 during trading hours on Friday, hitting $102.00. 22,380 shares of the stock traded hands, compared to its average volume of 52,721. The company has a current ratio of 1.31, a quick ratio of 0.98 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $73.39 billion, a PE ratio of 13.78 and a beta of 0.75. The business has a fifty day moving average of $101.33 and a 200-day moving average of $99.85. ITOCHU has a 1-year low of $79.25 and a 1-year high of $116.50.

Institutional Trading of ITOCHU

Large investors have recently made changes to their positions in the company. First Horizon Advisors Inc. bought a new position in ITOCHU in the second quarter valued at about $28,000. GAMMA Investing LLC raised its stake in shares of ITOCHU by 29.4% during the third quarter. GAMMA Investing LLC now owns 1,463 shares of the company’s stock valued at $157,000 after acquiring an additional 332 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of ITOCHU by 5.1% during the second quarter. Rhumbline Advisers now owns 11,001 shares of the company’s stock worth $1,082,000 after purchasing an additional 535 shares during the period. Institutional investors and hedge funds own 0.08% of the company’s stock.

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.