Short Interest in Marubeni Co. (OTCMKTS:MARUY) Drops By 90.5%

Marubeni Co. (OTCMKTS:MARUY - Get Free Report) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 200 shares, a decline of 90.5% from the November 30th total of 2,100 shares. Based on an average daily volume of 39,400 shares, the days-to-cover ratio is currently 0.0 days.

Marubeni Price Performance

OTCMKTS:MARUY traded up $4.07 during trading hours on Thursday, reaching $149.62. 14,312 shares of the company's stock were exchanged, compared to its average volume of 9,577. The company has a market capitalization of $24.85 billion, a P/E ratio of 8.22, a price-to-earnings-growth ratio of 2.17 and a beta of 0.89. Marubeni has a 12 month low of $135.69 and a 12 month high of $203.84. The business's 50-day simple moving average is $152.74 and its two-hundred day simple moving average is $166.33. The company has a quick ratio of 1.05, a current ratio of 1.43 and a debt-to-equity ratio of 0.58.

Marubeni (OTCMKTS:MARUY - Get Free Report) last released its quarterly earnings results on Friday, November 1st. The conglomerate reported $3.87 earnings per share for the quarter. Marubeni had a return on equity of 12.94% and a net margin of 6.19%. The business had revenue of $12.37 billion during the quarter. Sell-side analysts expect that Marubeni will post 19.54 EPS for the current fiscal year.

Marubeni Company Profile

Marubeni Corporation engages in various business activities. It manufactures, wholesales, and retails apparel, footwear, home furnishing and sport goods, industrial and textile materials, tire and rubber materials, and household and nursing care products; develops uranium, nuclear fuel cycle, iron ore, coking coal, copper mines, and related equipment and services; smelts and refines aluminum and magnesium; leases temporary steel construction materials; explores for, develops, and produces oil and gas; manages infrastructure funds; and develops and manages real estate.