Short Interest in Toray Industries, Inc. (OTCMKTS:TRYIY) Decreases By 60.0%

Toray Industries, Inc. (OTCMKTS:TRYIY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 25,400 shares, a drop of 60.0% from the January 31st total of 63,500 shares. Based on an average trading volume of 36,000 shares, the short-interest ratio is currently 0.7 days.

Toray Industries Price Performance

OTCMKTS:TRYIY opened at $13.16 on Friday. The firm has a market capitalization of $10.54 billion, a P/E ratio of 32.10 and a beta of 0.77. Toray Industries has a one year low of $8.77 and a one year high of $14.76. The company’s 50-day simple moving average is $13.13 and its 200 day simple moving average is $11.93.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.16 EPS for the quarter. Toray Industries had a return on equity of 2.62% and a net margin of 1.97%. On average, equities research analysts expect that Toray Industries will post 0.73 earnings per share for the current fiscal year.

Toray Industries Company Profile

Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.