Toyo Tire Co. (OTCMKTS:TOTTF) Sees Significant Growth in Short Interest

Toyo Tire Co. (OTCMKTS:TOTTF) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 312,200 shares, an increase of 37.9% from the March 31st total of 226,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Toyo Tire Price Performance

Shares of OTCMKTS TOTTF opened at $17.30 on Friday. The business’s 50 day moving average is $16.32 and its two-hundred day moving average is $15.73. Toyo Tire has a 52-week low of $14.65 and a 52-week high of $17.30.

About Toyo Tire

Toyo Tire Corporation manufactures and sells tires in Japan, North America, and internationally. It operates in two segments, Tires and Automotive Parts. The company provides tires for passenger vehicles, lights trucks, cars, SUVs, and buses under the Toyo Tires and Nitto. It also offers automotive parts, including engine/motor, member/differential, strut, and exhaust mounts; bush/couplings and constant velocity universal joint boot; and anti-vibration rubber for cars.