Terumo Co. (OTCMKTS:TRUMY) Sees Significant Decrease in Short Interest

Terumo Co. (OTCMKTS:TRUMY) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 36,000 shares, a drop of 54.0% from the November 15th total of 78,300 shares. Based on an average daily volume of 189,800 shares, the days-to-cover ratio is currently 0.2 days.

Terumo Trading Down 2.3 %

OTCMKTS:TRUMY traded down $0.46 during mid-day trading on Friday, reaching $19.88. 94,151 shares of the company’s stock traded hands, compared to its average volume of 95,857. The company has a 50 day moving average price of $19.78 and a 200-day moving average price of $18.39. The firm has a market capitalization of $29.64 billion, a price-to-earnings ratio of 42.42 and a beta of 0.64. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.94 and a quick ratio of 1.70. Terumo has a 12-month low of $14.06 and a 12-month high of $21.22.

About Terumo

Terumo Corporation engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally. The company operates through three segments: Cardiac and Vascular Company, Medical Care Solutions Company, and Blood and Cell Technologies Company.