Toray Industries, Inc. (OTCMKTS:TRYIY) Short Interest Down 29.7% in October

Toray Industries, Inc. (OTCMKTS:TRYIY - Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 47,700 shares, a decline of 29.7% from the September 30th total of 67,900 shares. Based on an average daily volume of 32,600 shares, the days-to-cover ratio is presently 1.5 days.

Toray Industries Stock Performance

OTCMKTS:TRYIY traded up $0.05 during mid-day trading on Friday, hitting $10.83. The stock had a trading volume of 37,628 shares, compared to its average volume of 42,713. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.14 and a current ratio of 1.76. The company's 50 day simple moving average is $10.82 and its 200 day simple moving average is $10.05. The stock has a market cap of $8.83 billion, a price-to-earnings ratio of 54.15 and a beta of 0.71. Toray Industries has a twelve month low of $8.74 and a twelve month high of $11.84.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.21 EPS for the quarter. The firm had revenue of $4.09 billion for the quarter. Toray Industries had a return on equity of 1.80% and a net margin of 1.35%.

Toray Industries Company Profile

Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.