Toray Industries, Inc. (OTCMKTS:TRYIY) Short Interest Update

Toray Industries, Inc. (OTCMKTS:TRYIY) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 52,700 shares, an increase of 354.3% from the November 15th total of 11,600 shares. Based on an average daily volume of 41,400 shares, the days-to-cover ratio is presently 1.3 days.

Toray Industries Stock Performance

Shares of OTCMKTS:TRYIY traded up $0.28 on Wednesday, hitting $12.93. 9,690 shares of the company were exchanged, compared to its average volume of 40,217. Toray Industries has a one year low of $8.74 and a one year high of $13.34. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.14 and a current ratio of 1.76. The company’s 50 day moving average price is $11.65 and its two-hundred day moving average price is $10.61.

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.