Toyo Suisan Kaisha, Ltd. (OTCMKTS:TSUKY) Sees Significant Growth in Short Interest

Toyo Suisan Kaisha, Ltd. (OTCMKTS:TSUKY) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,517 shares, an increase of 462.4% from the April 30th total of 981 shares. Based on an average trading volume of 9,741 shares, the short-interest ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised shares of Toyo Suisan Kaisha to a “market perform” rating in a research report on Friday, January 30th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Toyo Suisan Kaisha Stock Performance

TSUKY stock opened at $71.66 on Friday. The stock has a fifty day moving average of $68.70 and a 200-day moving average of $70.22. Toyo Suisan Kaisha has a fifty-two week low of $58.14 and a fifty-two week high of $86.90.

Toyo Suisan Kaisha Company Profile

Toyo Suisan Kaisha, Ltd. is a Japanese integrated food manufacturer established in 1953 and headquartered in Tokyo. The company is publicly traded on the Tokyo Stock Exchange and its shares are available in the United States through the OTCMKTS as TSUKY. Over more than six decades, Toyo Suisan has built a reputation for quality and innovation in the packaged foods industry.

At the core of Toyo Suisan’s operations is the production of instant noodles under the Maruchan and Toyo Suisan brands, offering a wide variety of flavors and formats including cup noodles, pouch-style noodles and bowl-type ramen.