Tokyo Ohka Kogyo Co., Ltd. (OTCMKTS:TOKCF) Short Interest Update

Tokyo Ohka Kogyo Co., Ltd. (OTCMKTS:TOKCF) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 63,000 shares, a decrease of 36.0% from the September 15th total of 98,500 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Separately, Goldman Sachs Group initiated coverage on Tokyo Ohka Kogyo in a report on Friday, July 17th. They issued a “buy” rating for the company.

Shares of TOKCF remained flat at $$50.10 during mid-day trading on Friday. Tokyo Ohka Kogyo has a 12 month low of $32.40 and a 12 month high of $50.10. The stock has a 50-day simple moving average of $50.10.

Tokyo Ohka Kogyo Company Profile

Tokyo Ohka Kogyo Co, Ltd., together with its subsidiaries, manufactures and sells chemical products and process equipment in Japan and internationally. It offers optimal photoresists, photolithography relative chemicals, insulator and overcoat products, high-purity chemical agents, and printing materials; and coating, developing, vacuum UV hardening, automatic developer diluting and supplying, and UV curing machines and related equipment for the production of semiconductor devices, mobile devices, electronic components, micro electro mechanical systems (MEMS), image sensors, liquid crystal displays (LCD), organic electroluminescence, touch panels, flat panel displays, and package modules.

See Also: Cost of Goods Sold (COGS)

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