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

Toyo Tire Co. (OTCMKTS:TOTTF) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 157,400 shares, an increase of 30.5% from the January 31st total of 120,600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Toyo Tire Price Performance

Shares of TOTTF remained flat at $16.10 during trading hours on Wednesday. Toyo Tire has a 12-month low of $14.65 and a 12-month high of $16.10. The company has a 50 day moving average of $15.93 and a 200-day moving average of $15.85.

About Toyo Tire

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.