Short Interest in Toyo Tire Co. (OTCMKTS:TOTTF) Increases By 55.0%

Toyo Tire Co. (OTCMKTS:TOTTF) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 497,200 shares, an increase of 55.0% from the October 31st total of 320,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 4,972.0 days.

Toyo Tire Price Performance

Shares of OTCMKTS:TOTTF remained flat at $14.93 during trading on Friday. 1 shares of the stock were exchanged, compared to its average volume of 200. The firm’s fifty day moving average is $15.02 and its two-hundred day moving average is $16.94. Toyo Tire has a twelve month low of $14.65 and a twelve month high of $16.01.

Toyo Tire Company Profile

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.