ITOCHU Co. (OTCMKTS: ITOCY) Brief interest rate update

ITOCHU Co. (OTCMKTS: ITOCY) was targeted for a sharp fall in short positions in November. As of November 30, there was short interest totaling 12,200 shares, a decrease of 28.7% compared to November 15 from a total of 17,100 shares. With an average daily volume of 43,600 shares, the short interest ratio is currently 0.3 days.

ITOCY rose $ 0.07 during Friday’s trading to hit $ 60.89. The company had a trading volume of 9,342 shares versus an average volume of 22,638. The company has a market cap of $ 48.25 billion, a P / E of 7.49, a P / E of 0.47, and a beta of 0.45. The company has a 50-day moving average of $ 58.92 and a 200-day moving average of $ 59.86. The company has a Leverage Ratio of 0.53, a current ratio of 1.27, and a quick ratio of 0.96. ITOCHU has a 1 year low of $ 55.02 and a 1 year high of $ 66.90.

ITOCHU (OTCMKTS: ITOCY) last published its quarterly results on Friday, November 5th. The company reported earnings per share (EPS) for the quarter of $ 2.85. The company had sales of $ 26.11 billion for the quarter. ITOCHU had a net margin of 5.65% and a return on equity of 16.48%. Research analysts are forecasting earnings per share of 8.77 for ITOCHU for the current year.

Separately, Zacks Investment Research In a research report dated Tuesday, October 19th, ITOCHU’s stock was downgraded from a “buy” rating to a “hold” rating.

A number of institutional investors and hedge funds have recently bought and sold ITOCY shares. Boston Private Wealth LLC added 118.6% in ITOCHU stocks in the third quarter. Boston Private Wealth LLC now owns 29,628 shares in the company valued at $ 1,740,000 after purchasing an additional 16,076 shares last quarter. Parametric Portfolio Associates LLC increased its stake in ITOCHU by 0.9% in the second quarter. Parametric Portfolio Associates LLC now owns 990,881 shares in the company valued at $ 57,005,000 after purchasing an additional 8,832 shares during the period. Todd Asset Management LLC increased its stake in ITOCHU by 1.8% in the third quarter. Todd Asset Management LLC now owns 406,511 shares in the company valued at $ 23,875,000 after purchasing an additional 7,326 shares during the period. FCA Corp TX acquired a new position in ITOCHU valued at approximately $ 230,000 in the second quarter. Finally, Ancora Advisors LLC increased its stake in ITOCHU by 164.5% in the third quarter. Ancora Advisors LLC now owns 529 shares in the company valued at $ 31,000 after purchasing an additional 329 shares during the reporting period. 0.21% of the shares are currently owned by hedge funds and other institutional investors.

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ITOCHU company profile

ITOCHU Corp. is engaged in product trading and business investment business. It is active in the following segments: Textile; Machinery; Metals and minerals; Energy and chemicals; Meal; ICT and real estate; and other. The textile segment comprises the business with fibers, raw materials, textiles, clothing and brand marketing.

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