Toyo Tire Co. (OTCMKTS:TOTTF) Short Interest Up 55.0% in November

Toyo Tire Co. (OTCMKTS:TOTTF) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 497,200 shares, a growth of 55.0% from the October 31st total of 320,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 4,972.0 days.

Toyo Tire Price Performance

TOTTF opened at $14.93 on Friday. Toyo Tire has a 1 year low of $14.65 and a 1 year high of $16.01. The firm’s fifty day moving average price is $15.08 and its two-hundred day moving average price is $16.96.

About Toyo Tire

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.