Toray Industries, Inc. (OTCMKTS:TRYIY) Short Interest Down 28.7% in June

Toray Industries, Inc. (OTCMKTS:TRYIY) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 56,500 shares, a drop of 28.7% from the May 31st total of 79,200 shares. Based on an average daily trading volume, of 98,800 shares, the short-interest ratio is presently 0.6 days.

Toray Industries Price Performance

OTCMKTS TRYIY traded up $0.05 during trading hours on Friday, hitting $9.49. The company’s stock had a trading volume of 66,120 shares, compared to its average volume of 62,255. The company’s 50 day simple moving average is $9.58 and its two-hundred day simple moving average is $9.64. The company has a market cap of $7.74 billion, a P/E ratio of 47.45 and a beta of 0.73. Toray Industries has a 12 month low of $8.74 and a 12 month high of $11.69.

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.