ITOCHU Techno-Solutions Co. (OTCMKTS:ITTOY – Get Rating) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 800 shares, a drop of 33.3% from the March 31st total of 1,200 shares. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 0.4 days.
Separately, The Goldman Sachs Group downgraded ITOCHU Techno-Solutions from a “neutral” rating to a “sell” rating in a research note on Tuesday, March 1st.
Shares of ITTOY stock opened at $11.84 on Friday. The business’s 50 day moving average is $12.49 and its two-hundred day moving average is $14.60. ITOCHU Techno-Solutions has a twelve month low of $11.59 and a twelve month high of $17.36.
ITOCHU Techno-Solutions Corporation engages in the sale, maintenance, and support of computers and network systems, software development, and data center and support services in Japan, Asia, and internationally. The company operates through six segments: Enterprise Business, Distribution Business, Telecommunication Business, Regional and Social Infrastructure Business, Financial Services Business, and IT Services Business.
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