Toyota Industries Co. (OTCMKTS:TYIDY) Sees Large Growth in Short Interest

Toyota Industries Co. (OTCMKTS:TYIDYGet Free Report) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 2,400 shares, an increase of 242.9% from the February 13th total of 700 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is presently 0.4 days.

Toyota Industries Price Performance

Shares of Toyota Industries stock opened at $84.57 on Thursday. Toyota Industries has a fifty-two week low of $66.49 and a fifty-two week high of $105.86. The business has a 50-day moving average price of $83.08 and a 200 day moving average price of $78.06.

About Toyota Industries

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Toyota Industries Corporation manufactures and sells textiles machinery, materials handling equipment, automobiles, and automobile parts in Japan, the United States, and internationally. The company operates through Automobile, Materials Handling Equipment, and Textile Machinery segments. It provides vehicles; gasoline and diesel engines for automobiles and industrial equipment; turbochargers and foundry parts; car air-conditioning compressors; car electronics comprising DC-DC converters, in-vehicle chargers, on-board chargers and DC-DC converter units, and DC-AC inverters; batteries; and stamping dies, including automotive and lift truck stamping dies.

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