Short Interest in Toyo Tire Co. (OTCMKTS:TOTTF) Expands By 38.1%

Toyo Tire Co. (OTCMKTS:TOTTF) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 486,800 shares, a growth of 38.1% from the September 30th total of 352,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Toyo Tire Price Performance

Shares of OTCMKTS:TOTTF remained flat at $14.93 during midday trading on Friday. Toyo Tire has a 1-year low of $14.65 and a 1-year high of $16.01. The stock’s 50-day moving average price is $16.48 and its 200 day moving average price is $17.45.

Toyo Tire Company Profile

Toyo Tire Corporation manufactures and sells tires in Japan, North America, and internationally. It operates in two segments, Tires and Automotive Parts. The company provides tires for passenger vehicles, lights trucks, cars, SUVs, and buses under the Toyo Tires and Nitto. It also offers automotive parts, including engine/motor, member/differential, strut, and exhaust mounts; bush/couplings and constant velocity universal joint boot; and anti-vibration rubber for cars.