Short Interest in Toray Industries, Inc. (OTCMKTS:TRYIY) Drops By 80.4%

Toray Industries, Inc. (OTCMKTS:TRYIY) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 11,600 shares, a decrease of 80.4% from the June 30th total of 59,300 shares. Based on an average daily volume of 111,800 shares, the short-interest ratio is presently 0.1 days.

Toray Industries Stock Performance

Toray Industries stock traded down $0.05 during midday trading on Thursday, reaching $9.89. The stock had a trading volume of 74,734 shares, compared to its average volume of 48,478. Toray Industries has a 52-week low of $8.74 and a 52-week high of $11.69. The company has a fifty day moving average of $9.71 and a 200 day moving average of $9.57.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings results on Monday, May 13th. The company reported ($0.20) earnings per share (EPS) for the quarter. The business had revenue of $4.28 billion for the quarter. Toray Industries had a return on equity of 2.52% and a net margin of 0.93%.

About Toray Industries

Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.