Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) Sees Large Growth in Short Interest

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 1,600 shares, an increase of 128.6% from the December 15th total of 700 shares. Based on an average daily volume of 12,200 shares, the short-interest ratio is presently 0.1 days.

Koito Manufacturing Price Performance

Shares of OTCMKTS:KOTMY traded up $0.11 during midday trading on Tuesday, hitting $12.40. The stock had a trading volume of 9,905 shares, compared to its average volume of 4,238. The business’s 50-day simple moving average is $12.64 and its 200-day simple moving average is $13.39. Koito Manufacturing has a 12 month low of $11.76 and a 12 month high of $16.69.

About Koito Manufacturing

Koito Manufacturing Co, Ltd. engages in the manufacturing and marketing of automotive lighting equipment, aircraft parts, and electrical equipment. Its products include automotive lighting and accessories such as light-emitting diode (LED), discharge, and halogen headlamps, fog lamps, side turn signal lamps, and LED rear combination lamps; aircraft lighting and equipment that includes interior and exterior lights, caution warning panels, electrical equipment, and hydraulic equipment; and ship lights and special products including LED marine lamps and destination indicators.