Toray Industries, Inc. (OTCMKTS:TRYIY) Sees Significant Increase in Short Interest

Toray Industries, Inc. (OTCMKTS:TRYIY) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 38,400 shares, an increase of 70.7% from the February 28th total of 22,500 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 88,100 shares, the short-interest ratio is presently 0.4 days.

Toray Industries Price Performance

Toray Industries stock opened at $13.76 on Friday. The business has a 50 day simple moving average of $13.66 and a 200 day simple moving average of $12.49. Toray Industries has a one year low of $8.77 and a one year high of $14.80. The company has a market capitalization of $11.02 billion, a PE ratio of 33.56 and a beta of 0.74.

Toray Industries (OTCMKTS:TRYIY) last issued its earnings results on Wednesday, February 12th. The company reported $0.16 EPS for the quarter. Toray Industries had a net margin of 1.97% and a return on equity of 2.62%. Equities analysts anticipate that Toray Industries will post 0.73 earnings per share 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.