Short Interest in Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) Declines By 37.5%

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY – Get Rating) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 500 shares, a decrease of 37.5% from the March 31st total of 800 shares. Based on an average trading volume of 36,100 shares, the short-interest ratio is presently 0.0 days.

Separately, JPMorgan Chase & Co. lowered shares of Koito Manufacturing from an “overweight” rating to a “neutral” rating in a research report on Tuesday, March 22nd.

Shares of KOTMY stock traded up $0.12 on Friday, hitting $37.06. The stock had a trading volume of 12,064 shares, compared to its average volume of 16,509. The stock’s 50 day moving average is $41.58 and its 200-day moving average is $50.87. Koito Manufacturing has a 52-week low of $33.98 and a 52-week high of $67.07.

Koito Manufacturing Company Profile (Get Rating)

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.

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