Toray Industries, Inc. (OTCMKTS:TRYIY – Get Free Report) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 24,500 shares, a growth of 111.2% from the July 15th total of 11,600 shares. Based on an average daily volume of 64,600 shares, the days-to-cover ratio is currently 0.4 days.
Toray Industries Stock Performance
OTCMKTS:TRYIY traded down $0.17 during mid-day trading on Wednesday, reaching $9.75. The stock had a trading volume of 17,821 shares, compared to its average volume of 49,308. The stock has a 50-day simple moving average of $9.68 and a two-hundred day simple moving average of $9.57. Toray Industries has a 12 month low of $8.74 and a 12 month high of $11.34.
Toray Industries (OTCMKTS:TRYIY – Get Free Report) last announced its quarterly earnings data on Monday, May 13th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $4.28 billion during the quarter. Toray Industries had a net margin of 1.35% and a return on equity of 2.52%.
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.
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