ITOCHU Co. (OTCMKTS:ITOCY – Get Free Report) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 10,500 shares, a drop of 60.5% from the May 31st total of 26,600 shares. Based on an average daily trading volume, of 50,600 shares, the short-interest ratio is currently 0.2 days.
Institutional Investors Weigh In On ITOCHU
A number of institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC purchased a new stake in ITOCHU in the 4th quarter worth approximately $69,000. Atlas Capital Advisors LLC raised its position in ITOCHU by 13.1% during the first quarter. Atlas Capital Advisors LLC now owns 2,328 shares of the company’s stock valued at $199,000 after acquiring an additional 270 shares in the last quarter. Finally, Confluence Investment Management LLC acquired a new stake in ITOCHU in the first quarter valued at approximately $718,000. 0.08% of the stock is currently owned by institutional investors and hedge funds.
ITOCHU Price Performance
Shares of OTCMKTS:ITOCY traded up $2.14 during trading on Friday, reaching $98.35. The company had a trading volume of 29,472 shares, compared to its average volume of 25,947. The firm’s fifty day moving average is $92.78 and its 200 day moving average is $88.82. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.91 and a current ratio of 1.22. The firm has a market capitalization of $71.35 billion, a PE ratio of 13.51 and a beta of 0.74. ITOCHU has a twelve month low of $68.15 and a twelve month high of $99.03.
About ITOCHU
ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company's Textile segment produces and sells fiber and garment materials, textiles fabrics, apparel, and industrial materials; and imports lifestyle brands, fashion accessories, and garments in various areas, such as luxury, casual, and sports.
Featured Articles
- Five stocks we like better than ITOCHU
- Industrial Products Stocks Investing
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- Top Biotech Stocks: Exploring Innovation Opportunities
- MarketBeat Week in Review – 6/24 – 6/28
Receive News & Ratings for ITOCHU Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITOCHU and related companies with MarketBeat.com's FREE daily email newsletter.