Short Interest in Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) Rises By 1,136.9%

Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 804 shares, a growth of 1,136.9% from the May 31st total of 65 shares. Based on an average trading volume of 4,930 shares, the short-interest ratio is currently 0.2 days.

Taiyo Yuden Stock Up 8.2%

TYOYY traded up $34.14 on Thursday, reaching $451.80. 2,604 shares of the company’s stock were exchanged, compared to its average volume of 697. Taiyo Yuden has a twelve month low of $66.58 and a twelve month high of $528.00. The company’s 50 day moving average is $281.41 and its 200-day moving average is $163.37.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Zacks Research raised Taiyo Yuden to a “hold” rating in a research report on Tuesday, April 28th. Morgan Stanley cut Taiyo Yuden to an “underweight” rating in a report on Wednesday, June 17th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

About Taiyo Yuden

Taiyo Yuden Co, Ltd. (OTCMKTS: TYOYY) is a Tokyo?based manufacturer specializing in electronic components and modules. Established in 1950, the company has built a reputation for innovation in passive components and wireless communication modules. Over the decades, Taiyo Yuden has expanded its portfolio beyond its ceramic capacitor roots to encompass inductors, acoustic devices and high?performance circuit protection components.

The company’s product lineup includes multilayer ceramic capacitors, power inductors, common?mode choke coils and EMI filters, all critical for consumer electronics, automotive systems and industrial applications.