ITOCHU Co. (OTCMKTS:ITOCY - Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 15,300 shares, a growth of 139.1% from the February 28th total of 6,400 shares. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 122,300 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On ITOCHU
An institutional investor recently raised its position in ITOCHU stock. GAMMA Investing LLC boosted its stake in shares of ITOCHU Co. (OTCMKTS:ITOCY - Free Report) by 13.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,655 shares of the company's stock after purchasing 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. 0.08% of the stock is currently owned by hedge funds and other institutional investors.
ITOCHU Stock Down 1.6 %
ITOCHU stock traded down $1.51 during midday trading on Monday, hitting $94.37. 59,376 shares of the company's stock were exchanged, compared to its average volume of 75,292. ITOCHU has a 12 month low of $79.12 and a 12 month high of $116.50. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.97 and a current ratio of 1.31. The company has a market cap of $67.90 billion, a PE ratio of 12.32 and a beta of 0.76. The firm has a 50-day moving average of $90.68 and a two-hundred day moving average of $97.43.
ITOCHU (OTCMKTS:ITOCY - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $2.19 earnings per share for the quarter. ITOCHU had a return on equity of 13.97% and a net margin of 5.93%.
About ITOCHU
(
Get Free Report)
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.
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