Toray Industries Inc. (OTCMKTS:TRYIY) Short Interest Down 50.5% in May

Toray Industries Inc. (OTCMKTS:TRYIY) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 21,977 shares, a drop of 50.5% from the April 30th total of 44,429 shares. Based on an average daily volume of 52,631 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Toray Industries Price Performance

Shares of Toray Industries stock traded down $0.57 on Monday, reaching $14.22. 110,231 shares of the stock were exchanged, compared to its average volume of 28,420. The firm’s 50 day moving average is $14.20 and its 200-day moving average is $14.22. Toray Industries has a one year low of $11.70 and a one year high of $17.51. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.16 and a current ratio of 1.78. The firm has a market cap of $10.70 billion, a PE ratio of 20.31 and a beta of 0.49.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. Toray Industries had a net margin of 3.06% and a return on equity of 4.25%. The company had revenue of $4.22 billion during the quarter, compared to the consensus estimate of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. As a group, analysts anticipate that Toray Industries will post 0.79 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Smbc Nikko Sec. raised shares of Toray Industries to a “strong-buy” rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Toray Industries Company Profile

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.