Toray Industries, Inc. (OTCMKTS:TRYIY) Sees Significant Growth in Short Interest

Toray Industries, Inc. (OTCMKTS:TRYIYGet Rating) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 107,800 shares, a growth of 354.9% from the April 15th total of 23,700 shares. Based on an average daily trading volume, of 143,800 shares, the short-interest ratio is presently 0.7 days.

Toray Industries stock opened at $9.72 on Thursday. The firm has a 50 day simple moving average of $10.00 and a 200 day simple moving average of $11.39. Toray Industries has a 1-year low of $9.18 and a 1-year high of $14.07.

About Toray Industries (Get Rating)

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-microfiber non-woven fabric with suede-texture; and apparel products.

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