Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) Short Interest Down 74.1% in February

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 700 shares, a decline of 74.1% from the February 13th total of 2,700 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is currently 0.2 days.

Koito Manufacturing Stock Performance

Shares of KOTMY stock traded down $0.04 during mid-day trading on Thursday, reaching $12.86. The company’s stock had a trading volume of 2,880 shares, compared to its average volume of 2,668. The company’s 50 day simple moving average is $12.85 and its 200-day simple moving average is $13.09. Koito Manufacturing has a 12-month low of $11.76 and a 12-month high of $16.69.

Koito Manufacturing Company Profile

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.