Toyo Tire Co. (OTCMKTS:TOTTF) Sees Large Decline in Short Interest

Toyo Tire Co. (OTCMKTS:TOTTF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 247,300 shares, a drop of 27.0% from the November 30th total of 338,600 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Toyo Tire Stock Performance

Shares of OTCMKTS TOTTF opened at $15.75 on Monday. The firm has a 50 day moving average price of $15.04 and a two-hundred day moving average price of $16.53. Toyo Tire has a 52-week low of $14.65 and a 52-week high of $16.01.

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.