Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Short interest plunged at Sumitomo Mitsui and Mitsui & Co. amid strong earnings and positive analyst outlooks.

flag Sumitomo Mitsui Financial Group saw short interest drop 38% in December to 2.06 million shares, with a low 0.9-day cover ratio, reflecting minimal short-selling activity. flag The stock closed at $19.53, near its 52-week high, following strong November earnings that beat estimates. flag Mitsui & Co. also saw a 66.7% drop in short interest, with shares at $583.71, after reporting better-than-expected quarterly earnings. flag Both companies show positive financial metrics and analyst support, with Mitsui & Co. rated a "Buy" and projected full-year earnings of $42.43.

3 Articles