Toyo Tire Co. (OTCMKTS:TOTTF) Short Interest Up 37.2% in March

Toyo Tire Co. (OTCMKTS:TOTTFGet Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 224,300 shares, an increase of 37.2% from the February 28th total of 163,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Toyo Tire Stock Performance

Shares of Toyo Tire stock opened at $16.10 on Monday. Toyo Tire has a 52 week low of $14.65 and a 52 week high of $16.10. The company’s 50-day moving average price is $16.05 and its two-hundred day moving average price is $15.61.

About Toyo Tire

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Toyo Tire Corporation manufactures and sells tires in Japan, North America, and internationally. It operates in two segments, Tires and Automotive Parts. The company provides tires for passenger vehicles, lights trucks, cars, SUVs, and buses under the Toyo Tires and Nitto. It also offers automotive parts, including engine/motor, member/differential, strut, and exhaust mounts; bush/couplings and constant velocity universal joint boot; and anti-vibration rubber for cars.

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