Short Interest in Toyo Tire Co. (OTCMKTS:TOTTF) Declines By 27.8%

Toyo Tire Co. (OTCMKTS:TOTTF) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 442,200 shares, a drop of 27.8% from the August 15th total of 612,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4,422.0 days.

Toyo Tire Price Performance

TOTTF remained flat at $17.97 during trading on Monday. Toyo Tire has a one year low of $14.67 and a one year high of $17.97. The company has a fifty day moving average of $17.97 and a two-hundred day moving average of $17.97.

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.