ITOCHU Co. (OTCMKTS:ITOCY) Short Interest Down 56.4% in February

ITOCHU Co. (OTCMKTS:ITOCY) saw a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 2,400 shares, a decrease of 56.4% from the January 31st total of 5,500 shares. Based on an average daily volume of 106,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On ITOCHU

An institutional investor recently raised its position in ITOCHU stock. GAMMA Investing LLC lifted its position in ITOCHU Co. (OTCMKTS:ITOCY) by 13.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,655 shares of the company’s stock after buying an additional 192 shares during the quarter. GAMMA Investing LLC’s holdings in ITOCHU were worth $163,000 as of its most recent filing with the SEC. 0.08% of the stock is currently owned by institutional investors.

ITOCHU Stock Down 0.7 %

Shares of OTCMKTS ITOCY traded down $0.65 during mid-day trading on Friday, reaching $88.79. The company had a trading volume of 60,839 shares, compared to its average volume of 86,280. 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 capitalization of $63.88 billion, a price-to-earnings ratio of 11.59 and a beta of 0.74. The stock has a fifty day moving average of $91.74 and a two-hundred day moving average of $98.49. ITOCHU has a 12-month low of $79.12 and a 12-month high of $116.50.

ITOCHU (OTCMKTS:ITOCY) last released its earnings results on Thursday, February 6th. The company reported $2.19 earnings per share (EPS) for the quarter. ITOCHU had a net margin of 5.93% and a return on equity of 13.97%.

About ITOCHU

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.