Toray Industries, Inc. (OTCMKTS:TRYIY) Sees Large Drop in Short Interest

Toray Industries, Inc. (OTCMKTS:TRYIY) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 11,600 shares, a decline of 80.4% from the June 30th total of 59,300 shares. Based on an average daily volume of 111,800 shares, the short-interest ratio is presently 0.1 days.

Toray Industries Stock Down 0.5 %

Shares of Toray Industries stock opened at $9.89 on Friday. The stock’s fifty day moving average is $9.71 and its 200-day moving average is $9.57. Toray Industries has a 12-month low of $8.74 and a 12-month high of $11.69.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings results on Monday, May 13th. The company reported ($0.20) earnings per share for the quarter. Toray Industries had a net margin of 0.93% and a return on equity of 2.52%. The business had revenue of $4.28 billion for the quarter.

About Toray Industries

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.