Toray Industries, Inc. (OTCMKTS:TRYIY) Short Interest Update

Toray Industries, Inc. (OTCMKTS:TRYIY) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,200 shares, a decrease of 73.9% from the February 29th total of 4,600 shares. Based on an average daily volume of 90,700 shares, the days-to-cover ratio is presently 0.0 days.

Toray Industries Stock Down 0.8 %

OTCMKTS TRYIY opened at $9.63 on Thursday. The firm’s fifty day moving average price is $9.47 and its two-hundred day moving average price is $9.94. Toray Industries has a fifty-two week low of $8.74 and a fifty-two week high of $11.69.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings data on Tuesday, February 13th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). Toray Industries had a return on equity of 2.52% and a net margin of 1.77%. The firm had revenue of $4.27 billion for the quarter. As a group, sell-side analysts expect that Toray Industries will post 0.52 earnings per share 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.