Toray Industries, Inc. (OTCMKTS:TRYIY – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 24,500 shares, an increase of 111.2% from the July 15th total of 11,600 shares. Based on an average daily volume of 64,600 shares, the short-interest ratio is currently 0.4 days.
Toray Industries Trading Down 1.7 %
Shares of OTCMKTS TRYIY traded down $0.17 during mid-day trading on Wednesday, hitting $9.75. The company had a trading volume of 17,821 shares, compared to its average volume of 49,308. Toray Industries has a 12 month low of $8.74 and a 12 month high of $11.34. The firm’s 50 day simple moving average is $9.68 and its two-hundred day simple moving average is $9.57.
Toray Industries (OTCMKTS:TRYIY – Get Free Report) last announced its quarterly earnings results on Monday, May 13th. The company reported ($0.20) earnings per share (EPS) for the quarter. The company had revenue of $4.28 billion during the quarter. Toray Industries had a return on equity of 2.52% and a net margin of 1.35%.
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.
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