Marubeni Corp. (OTCMKTS:MARUY) Short Interest Up 133.7% in June

Marubeni Corp. (OTCMKTS:MARUY) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 5,238 shares, an increase of 133.7% from the May 31st total of 2,241 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 64,215 shares, the short-interest ratio is presently 0.1 days.

Marubeni Price Performance

OTCMKTS:MARUY traded up $2.32 during trading hours on Monday, hitting $293.76. The company’s stock had a trading volume of 29,831 shares, compared to its average volume of 29,841. Marubeni has a 52-week low of $195.00 and a 52-week high of $426.06. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.99 and a current ratio of 1.37. The business’s 50-day moving average is $335.92 and its two-hundred day moving average is $336.77. The company has a market capitalization of $48.37 billion, a PE ratio of 13.33, a PEG ratio of 1.61 and a beta of 0.50.

Marubeni (OTCMKTS:MARUY) last issued its earnings results on Friday, May 1st. The conglomerate reported $4.33 EPS for the quarter, missing the consensus estimate of $4.58 by ($0.25). Marubeni had a return on equity of 13.11% and a net margin of 6.60%.The company had revenue of $13.36 billion for the quarter, compared to analysts’ expectations of $14.83 billion. As a group, research analysts anticipate that Marubeni will post 23.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut shares of Marubeni from a “buy” rating to a “neutral” rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Marubeni currently has an average rating of “Hold”.

Marubeni Company Profile

Marubeni Corporation (OTCMKTS:MARUY) is a major Japanese sogo shosha, or integrated trading and investment company, headquartered in Tokyo. The firm conducts a broad range of commercial activities that span commodity trading, project development, investment and financing, and supply-chain services. Marubeni operates through a network of subsidiaries, joint ventures and branch offices to support cross-border trade and large-scale industrial projects.

The company’s activities cover a wide set of industry sectors, including energy and power, metals and minerals, chemicals and industrial materials, food and consumer products, transportation and industrial machinery, and infrastructure.