Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,986,220 shares, an increase of 40,476.5% from the September 30th total of 4,895 shares. Based on an average trading volume of 760,338 shares, the days-to-cover ratio is presently 2.6 days.
Taiyo Yuden Stock Up 5.5%
Shares of TYOYY traded up $0.73 during mid-day trading on Monday, hitting $13.97. 140,886 shares of the company traded hands, compared to its average volume of 69,303. The stock has a 50-day moving average price of $15.19 and a two-hundred day moving average price of $189.42. Taiyo Yuden has a 1 year low of $4.96 and a 1 year high of $35.44.
Taiyo Yuden Company Profile
Taiyo Yuden Co, Ltd. is a Japan-based manufacturer of electronic components used in communications, automotive systems, industrial equipment, and consumer electronics. The company is best known for multilayer ceramic capacitors, which store and regulate electrical energy in electronic circuits.
Its product portfolio also includes inductors, ferrite beads, noise-suppression components, high-frequency components, circuit modules, wireless communication devices, and other electronic components.
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