ITOCHU Co. (OTCMKTS:ITOCY) Short Interest Up 1,292.3% in December

ITOCHU Co. (OTCMKTS:ITOCY) was the recipient 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 presently 0.3 days.

Institutional Trading of ITOCHU

A hedge fund recently raised its stake in ITOCHU stock. GAMMA Investing LLC raised its holdings in ITOCHU Co. (OTCMKTS:ITOCY) by 29.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,463 shares of the company’s stock after acquiring an additional 332 shares during the quarter. GAMMA Investing LLC’s holdings in ITOCHU were worth $157,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.08% of the company’s stock.

ITOCHU Trading Up 1.1 %

ITOCY stock traded up $1.02 during midday trading on Wednesday, reaching $93.46. 62,559 shares of the company’s stock traded hands, compared to its average volume of 51,420. The company has a market capitalization of $67.24 billion, a P/E ratio of 12.63 and a beta of 0.75. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.98. 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 price of $99.35 and a two-hundred day moving average price of $100.54.

ITOCHU Company Profile

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.