Short Interest in Toyo Tire Co. (OTCMKTS:TOTTF) Decreases By 30.4%

Toyo Tire Co. (OTCMKTS:TOTTF) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 172,100 shares, a drop of 30.4% from the December 15th total of 247,300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 860.5 days.

Toyo Tire Stock Performance

Shares of TOTTF opened at $15.75 on Friday. The stock has a fifty day moving average price of $15.27 and a 200 day moving average price of $16.33. Toyo Tire has a 12 month low of $14.65 and a 12 month high of $16.01.

About Toyo Tire

Toyo Tire Corporation manufactures and sells tires in Japan, North America, and internationally. It operates in two segments, Tires and Automotive Parts. The company provides tires for passenger vehicles, lights trucks, cars, SUVs, and buses under the Toyo Tires and Nitto. It also offers automotive parts, including engine/motor, member/differential, strut, and exhaust mounts; bush/couplings and constant velocity universal joint boot; and anti-vibration rubber for cars.