Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) Sees Significant Decline in Short Interest

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 700 shares, a drop of 74.1% from the February 13th total of 2,700 shares. Based on an average daily trading volume, of 3,100 shares, the short-interest ratio is currently 0.2 days.

Koito Manufacturing Stock Performance

Shares of OTCMKTS:KOTMY traded down $0.04 during trading on Thursday, reaching $12.86. The stock had a trading volume of 2,880 shares, compared to its average volume of 2,668. Koito Manufacturing has a 52 week low of $11.76 and a 52 week high of $16.69. The business’s 50-day moving average price is $12.85 and its 200 day moving average price is $13.09.

Koito Manufacturing Company Profile

Koito Manufacturing Co, Ltd. engages in the manufacturing and marketing of automotive lighting equipment, aircraft parts, and electrical equipment. Its products include automotive lighting and accessories such as light-emitting diode (LED), discharge, and halogen headlamps, fog lamps, side turn signal lamps, and LED rear combination lamps; aircraft lighting and equipment that includes interior and exterior lights, caution warning panels, electrical equipment, and hydraulic equipment; and ship lights and special products including LED marine lamps and destination indicators.