Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) Shares Shorted: Short Interest Down 58.0% in September

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 89 shares, a decline of 58.0% from the August 31st total of 212 shares. Based on an average trading volume of 1,598 shares, the short-interest ratio is presently 0.1 days.

Koito Manufacturing Stock Performance

Shares of KOTMY opened at $16.50 on Wednesday. The firm has a fifty day simple moving average of $16.26 and a 200 day simple moving average of $16.19. Koito Manufacturing has a 12 month low of $13.70 and a 12 month high of $18.34.

About Koito Manufacturing

Koito Manufacturing Co, Ltd. is a Japan-based manufacturer of automotive lighting equipment and related systems. The company develops and produces headlamps, rear combination lamps, fog lamps, signal lamps and other exterior lighting products for passenger vehicles, commercial vehicles and other transportation applications.

Koito’s product portfolio includes LED lighting, adaptive driving beam systems and other technologies designed to improve visibility, safety and vehicle styling. The company also develops lighting-control systems and components that support advanced driver-assistance and vehicle electrification trends.

Founded in Japan in 1915, Koito Manufacturing serves automakers and transportation customers through operations and subsidiaries in Japan and international markets, including North America, Europe and Asia.