Toray Industries, Inc. (OTCMKTS:TRYIY) Short Interest Update

Toray Industries, Inc. (OTCMKTS:TRYIY) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 47,100 shares, a growth of 22.7% from the March 15th total of 38,400 shares. Based on an average daily trading volume, of 24,300 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.0% of the company’s stock are short sold.

Toray Industries Trading Down 0.5 %

OTCMKTS TRYIY opened at $12.74 on Tuesday. Toray Industries has a 12 month low of $8.77 and a 12 month high of $14.80. The stock’s fifty day moving average price is $13.35 and its 200-day moving average price is $12.72. The stock has a market cap of $10.20 billion, a P/E ratio of 31.07 and a beta of 0.55.

Toray Industries (OTCMKTS:TRYIY) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.16 earnings per share for the quarter. Toray Industries had a net margin of 1.97% and a return on equity of 2.62%. As a group, analysts forecast that Toray Industries will post 0.73 earnings per share for the current fiscal year.

About Toray Industries

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-fine fibers; and apparel products.