Short Interest in ITOCHU Co. (OTCMKTS:ITOCY) Grows By 1,292.3%

ITOCHU Co. (OTCMKTS:ITOCY) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 18,100 shares, a growth of 1,292.3% from the December 15th total of 1,300 shares. Based on an average daily volume of 68,100 shares, the short-interest ratio is currently 0.3 days.

ITOCHU Trading Down 5.2 %

OTCMKTS ITOCY traded down $5.08 on Monday, reaching $92.52. The company had a trading volume of 87,593 shares, compared to its average volume of 44,282. The firm has a market cap of $66.57 billion, a price-to-earnings ratio of 12.50 and a beta of 0.75. ITOCHU has a fifty-two week low of $79.25 and a fifty-two week high of $116.50. The business has a 50 day moving average of $99.70 and a two-hundred day moving average of $100.60. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.98.

Institutional Trading of ITOCHU

A hedge fund recently raised its stake in ITOCHU stock. GAMMA Investing LLC grew its holdings in shares of ITOCHU Co. (OTCMKTS:ITOCY) by 13.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,655 shares of the company’s stock after acquiring an additional 192 shares during the period. GAMMA Investing LLC’s holdings in ITOCHU were worth $163,000 as of its most recent SEC filing. 0.08% of the stock is owned by institutional investors and hedge funds.

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.