Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) Sees Significant Growth in Short Interest

Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,645 shares, a growth of 104.6% from the June 15th total of 804 shares. Based on an average daily trading volume, of 5,875 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TYOYY. Zacks Research raised Taiyo Yuden to a “hold” rating in a report on Tuesday, April 28th. Morgan Stanley downgraded Taiyo Yuden to an “underweight” rating in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

Taiyo Yuden Price Performance

Shares of OTCMKTS:TYOYY opened at $296.78 on Wednesday. The business’s 50 day simple moving average is $356.99 and its 200-day simple moving average is $196.45. Taiyo Yuden has a 12 month low of $66.58 and a 12 month high of $567.07.

About Taiyo Yuden

Taiyo Yuden Co, Ltd. (OTCMKTS: TYOYY) is a Tokyo‐based manufacturer specializing in electronic components and modules. Established in 1950, the company has built a reputation for innovation in passive components and wireless communication modules. Over the decades, Taiyo Yuden has expanded its portfolio beyond its ceramic capacitor roots to encompass inductors, acoustic devices and high‐performance circuit protection components.

The company’s product lineup includes multilayer ceramic capacitors, power inductors, common‐mode choke coils and EMI filters, all critical for consumer electronics, automotive systems and industrial applications.