Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) Sees Large Increase in Short Interest

Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 1,645 shares, a growth of 104.6% from the June 15th total of 804 shares. Based on an average trading volume of 5,875 shares, the short-interest ratio is presently 0.3 days.

Taiyo Yuden Stock Performance

Shares of TYOYY opened at $297.36 on Friday. Taiyo Yuden has a fifty-two week low of $66.58 and a fifty-two week high of $567.07. The firm has a 50 day moving average price of $362.18 and a 200-day moving average price of $199.44.

Analyst Ratings Changes

A number of research analysts recently commented on TYOYY shares. Zacks Research raised Taiyo Yuden to a “hold” rating in a research note on Tuesday, April 28th. Morgan Stanley lowered Taiyo Yuden to an “underweight” rating in a research note on Wednesday, June 17th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Taiyo Yuden currently 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.