Toyo Tire Co. (OTCMKTS:TOTTF) Short Interest Up 688.1% in July

Toyo Tire Co. (OTCMKTS:TOTTF) was the target of a large increase in short interest in July. As of July 31st, there was short interest totalling 264,800 shares, an increase of 688.1% from the July 15th total of 33,600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Toyo Tire Stock Performance

Shares of TOTTF remained flat at $17.97 during trading hours on Wednesday. Toyo Tire has a twelve month low of $14.67 and a twelve month high of $17.97. The stock has a 50 day moving average of $17.97 and a 200-day moving average of $17.88.

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.