Teijin Limited (OTCMKTS:TINLY) Sees Significant Drop in Short Interest

Teijin Limited (OTCMKTS:TINLY) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 200 shares, a decline of 97.4% from the December 15th total of 7,700 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 0.1 days.

Teijin Stock Performance

Shares of TINLY traded up $0.86 during mid-day trading on Tuesday, hitting $8.43. The stock had a trading volume of 779 shares, compared to its average volume of 256. The company has a market cap of $1.67 billion, a PE ratio of 18.73 and a beta of 0.17. The company has a quick ratio of 0.92, a current ratio of 1.45 and a debt-to-equity ratio of 0.61. The company’s fifty day simple moving average is $8.53 and its two-hundred day simple moving average is $8.98. Teijin has a fifty-two week low of $7.57 and a fifty-two week high of $10.32.

Teijin Company Profile

Teijin Limited engages in the fibers, films and sheets, composites, healthcare, and IT businesses worldwide. It offers aramid fibers and polyethylene materials; carbon fibers, composite materials, and oxidized PAN fibers; polycarbonate sheets and films; high-density polyethylene porous films and materials; and microporous films.