Short Interest in Toray Industries, Inc. (OTCMKTS:TRYIY) Increases By 70.7%

Toray Industries, Inc. (OTCMKTS:TRYIY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 38,400 shares, an increase of 70.7% from the February 28th total of 22,500 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 88,100 shares, the short-interest ratio is currently 0.4 days.

Toray Industries Trading Down 2.3 %

Shares of OTCMKTS TRYIY opened at $13.76 on Monday. The stock has a market cap of $11.02 billion, a PE ratio of 33.56 and a beta of 0.74. Toray Industries has a 12-month low of $8.77 and a 12-month high of $14.80. The company has a 50-day moving average of $13.66 and a 200 day moving average of $12.52.

Toray Industries (OTCMKTS:TRYIY) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.16 earnings per share (EPS) for the quarter. Toray Industries had a return on equity of 2.62% and a net margin of 1.97%. On average, sell-side analysts forecast that Toray Industries will post 0.73 EPS for the current fiscal year.

Toray Industries Company Profile

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.