Toray Industries, Inc. (OTCMKTS:TRYIY) Short Interest Down 60.0% in February

Toray Industries, Inc. (OTCMKTS:TRYIY - Get Free Report) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 25,400 shares, a decrease of 60.0% from the January 31st total of 63,500 shares. Based on an average daily volume of 36,000 shares, the short-interest ratio is presently 0.7 days.

Toray Industries Price Performance

Shares of OTCMKTS:TRYIY traded up $0.09 during midday trading on Monday, hitting $13.25. The company had a trading volume of 24,844 shares, compared to its average volume of 21,893. Toray Industries has a twelve month low of $8.77 and a twelve month high of $14.76. The stock has a market cap of $10.61 billion, a price-to-earnings ratio of 32.31 and a beta of 0.77. The business's 50-day simple moving average is $13.15 and its 200-day simple moving average is $11.99.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $0.16 earnings per share (EPS) for the quarter. Toray Industries had a return on equity of 2.62% and a net margin of 1.97%. As a group, sell-side analysts forecast that Toray Industries will post 0.73 EPS for the current year.

About Toray Industries

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.