Toray Industries, Inc. (OTCMKTS:TRYIY) Short Interest Up 70.7% in March

Toray Industries, Inc. (OTCMKTS:TRYIY - Get Free Report) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 38,400 shares, a growth of 70.7% from the February 28th total of 22,500 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 88,100 shares, the days-to-cover ratio is presently 0.4 days.

Toray Industries Price Performance

Shares of Toray Industries stock traded up $0.30 during midday trading on Wednesday, reaching $13.88. The company had a trading volume of 19,641 shares, compared to its average volume of 23,771. The stock has a fifty day moving average price of $13.69 and a 200 day moving average price of $12.56. Toray Industries has a fifty-two week low of $8.77 and a fifty-two week high of $14.80. The firm has a market cap of $11.12 billion, a PE ratio of 33.85 and a beta of 0.74.

Toray Industries (OTCMKTS:TRYIY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.16 earnings per share (EPS) for the quarter. Toray Industries had a net margin of 1.97% and a return on equity of 2.62%. 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.