Toromont Industries Ltd. (OTCMKTS:TMTNF) Short Interest Up 38.2% in September

Toromont Industries Ltd. (OTCMKTS:TMTNF) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 251,600 shares, an increase of 38.2% from the August 31st total of 182,000 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is currently 71.9 days.

Toromont Industries Stock Performance

Shares of OTCMKTS:TMTNF opened at $95.65 on Friday. Toromont Industries has a 12-month low of $76.18 and a 12-month high of $97.90. The business’s fifty day simple moving average is $91.32 and its 200-day simple moving average is $91.28.

Toromont Industries Company Profile

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services.