Is Buying ITOCHU CORP ORDINARY SHARES (OTCMKTS:ITOCF), Having Lower Short Interest a Winning Strategy?

ITOCHU Corporation (OTCMKTS:ITOCF) Logo

The stock of ITOCHU CORP ORDINARY SHARES (OTCMKTS:ITOCF) registered a decrease of 5.16% in short interest. ITOCF’s total short interest was 1.03M shares in September as published by FINRA. Its down 5.16% from 1.09 million shares, reported previously. With 1,600 shares average volume, it will take short sellers 646 days to cover their ITOCF’s short positions.

It closed at $20.84 lastly. It is down 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.

ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company has market cap of $30.78 billion. The companyÂ’s Textile segment produces and sells raw materials, threads, textiles, garments, home furnishings, and industrial materials. It has a 8.56 P/E ratio. This segment also promotes brand businesses and retail activities related to Internet shopping.

More recent ITOCHU Corporation (OTCMKTS:ITOCF) news were published by: Seekingalpha.com which released: “Itochu: An Undervalued Japanese Trading House With Upside Potential – Seeking Alpha” on October 24, 2018. Also Seekingalpha.com published the news titled: “Platinum Asset Management Quarterly Report September 30, 2018 – Seeking Alpha” on October 25, 2018. Seekingalpha.com‘s news article titled: “Itochu Corp. ADR 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” with publication date: August 06, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.