Short Interest in Toyo Tire Co. (OTCMKTS:TOTTF) Decreases By 30.4%

Toyo Tire Co. (OTCMKTS:TOTTF) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 172,100 shares, a decrease of 30.4% from the December 15th total of 247,300 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 860.5 days.

Toyo Tire Price Performance

TOTTF remained flat at $15.75 on Wednesday. 3 shares of the company traded hands, compared to its average volume of 200. Toyo Tire has a 52-week low of $14.65 and a 52-week high of $16.01. The company’s fifty day simple moving average is $15.24 and its two-hundred day simple moving average is $16.33.

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.