Short Interest in Toyo Tire Co. (OTCMKTS:TOTTF) Grows By 37.2%

Toyo Tire Co. (OTCMKTS:TOTTF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 224,300 shares, a growth of 37.2% from the February 28th total of 163,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Toyo Tire Stock Performance

Shares of TOTTF opened at $16.10 on Wednesday. The firm has a 50 day simple moving average of $16.07 and a two-hundred day simple moving average of $15.59. Toyo Tire has a one year low of $14.65 and a one year high of $16.10.

About Toyo Tire

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.