Tokai Carbon Co., Ltd. (OTCMKTS:TKCBY) Short Interest Update

Tokai Carbon Co., Ltd. (OTCMKTS:TKCBY) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 100 shares, a decline of 50.0% from the July 31st total of 200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1.0 days.

Tokai Carbon Stock Performance

Tokai Carbon stock remained flat at $21.85 during mid-day trading on Friday. The business’s fifty day simple moving average is $23.68 and its two-hundred day simple moving average is $25.28. Tokai Carbon has a one year low of $21.85 and a one year high of $30.67.

About Tokai Carbon

Tokai Carbon Co, Ltd. manufactures and sells carbon-related products and services in Japan. The company offers graphite electrodes for use in electric furnaces, such as direct current, alternating current, and refining furnaces; and carbon black, including SEAST, TOKABLACK, Aqua Black, and Thermal black varieties, which are used to reinforce the rubber in tires, as well as used as a black pigment in various black-colored products.