Toyo Tire Co. (OTCMKTS:TOTTF) Sees Significant Increase in Short Interest

Toyo Tire Co. (OTCMKTS:TOTTF) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 93,400 shares, a growth of 211.3% from the March 31st total of 30,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Toyo Tire Price Performance

TOTTF opened at $17.97 on Friday. The firm’s fifty day moving average price is $17.97 and its two-hundred day moving average price is $16.91. Toyo Tire has a 1 year low of $14.67 and a 1 year high of $17.97.

Toyo Tire Company Profile

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.