Short Interest in Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) Grows By 128.6%

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 1,600 shares, a growth of 128.6% from the December 31st total of 700 shares. Based on an average daily volume of 12,200 shares, the short-interest ratio is currently 0.1 days.

Koito Manufacturing Stock Performance

Shares of KOTMY stock traded up $0.69 during midday trading on Wednesday, hitting $13.69. 2,733 shares of the company were exchanged, compared to its average volume of 3,463. Koito Manufacturing has a 52 week low of $11.76 and a 52 week high of $16.69. The firm’s 50 day moving average price is $12.73 and its two-hundred day moving average price is $13.30.

About Koito Manufacturing

Koito Manufacturing Co, Ltd. engages in the manufacturing and marketing of automotive lighting equipment, aircraft parts, and electrical equipment. Its products include automotive lighting and accessories such as light-emitting diode (LED), discharge, and halogen headlamps, fog lamps, side turn signal lamps, and LED rear combination lamps; aircraft lighting and equipment that includes interior and exterior lights, caution warning panels, electrical equipment, and hydraulic equipment; and ship lights and special products including LED marine lamps and destination indicators.