Tokyo Ohka Kogyo Co., Ltd. (OTCMKTS:TOKCF) Sees Significant Increase in Short Interest

Tokyo Ohka Kogyo Co., Ltd. (OTCMKTS:TOKCF) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 310,000 shares, an increase of 116.8% from the October 31st total of 143,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 3,100.0 days.

Tokyo Ohka Kogyo Stock Performance

Shares of OTCMKTS TOKCF remained flat at $23.56 during mid-day trading on Thursday. The company has a 50 day simple moving average of $25.76 and a 200-day simple moving average of $24.93. Tokyo Ohka Kogyo has a 1-year low of $23.18 and a 1-year high of $24.00.

Tokyo Ohka Kogyo Company Profile

Tokyo Ohka Kogyo Co, Ltd., together with its subsidiaries, manufactures and sells chemical products and process equipment in Japan and internationally. The company offers optimal photoresists and relative equipment; and coating, developing, vacuum UV hardening, and chemical supply machines. It also provides adhesive materials, thinners for the removing of adhesive materials, structure materials, surface modification materials, micro processing films, thin film mmWave absorbers, polyimide films, and zero newton bonding and debonding machines for 3D semiconductor packaging.