Short Interest in Toray Industries, Inc. (OTCMKTS:TRYIY) Declines By 60.0%

Toray Industries, Inc. (OTCMKTS:TRYIY) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 25,400 shares, a decrease of 60.0% from the January 31st total of 63,500 shares. Based on an average daily volume of 36,000 shares, the short-interest ratio is presently 0.7 days.

Toray Industries Stock Performance

Shares of TRYIY stock opened at $13.25 on Friday. Toray Industries has a 52-week low of $8.77 and a 52-week high of $14.76. The company has a 50-day simple moving average of $13.15 and a two-hundred day simple moving average of $11.96. The company has a market capitalization of $10.61 billion, a price-to-earnings ratio of 32.31 and a beta of 0.77.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.16 earnings per share (EPS) for the quarter. Toray Industries had a net margin of 1.97% and a return on equity of 2.62%. 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.