Short Interest in Toray Industries, Inc. (OTCMKTS:TRYIY) Drops By 71.5%

Toray Industries, Inc. (OTCMKTS:TRYIY) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 13,600 shares, a drop of 71.5% from the October 15th total of 47,700 shares. Based on an average daily volume of 49,900 shares, the short-interest ratio is presently 0.3 days.

Toray Industries Stock Down 1.7 %

Toray Industries stock traded down $0.20 during mid-day trading on Thursday, reaching $11.68. The company’s stock had a trading volume of 16,965 shares, compared to its average volume of 41,736. The business’s 50 day simple moving average is $11.10 and its 200 day simple moving average is $10.24. The company has a quick ratio of 1.14, a current ratio of 1.76 and a debt-to-equity ratio of 0.30. Toray Industries has a 12 month low of $8.74 and a 12 month high of $12.83.

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.