Toray Industries, Inc. (OTCMKTS:TRYIY) Sees Large Growth in Short Interest

Toray Industries, Inc. (OTCMKTS:TRYIY) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 49,200 shares, an increase of 478.8% from the August 31st total of 8,500 shares. Based on an average trading volume of 69,400 shares, the days-to-cover ratio is presently 0.7 days.

Toray Industries Stock Up 1.9 %

TRYIY opened at $11.47 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.76 and a debt-to-equity ratio of 0.30. The firm’s fifty day simple moving average is $10.28 and its two-hundred day simple moving average is $9.81. Toray Industries has a 52-week low of $8.74 and a 52-week high of $11.73.

Toray Industries (OTCMKTS:TRYIY) last posted its earnings results on Wednesday, August 7th. The company reported $0.21 earnings per share (EPS) for the quarter. The firm had revenue of $4.09 billion during the quarter. Toray Industries had a net margin of 1.35% and a return on equity of 1.80%.

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.