Teijin Ltd. (OTCMKTS:TINLY) Sees Large Growth in Short Interest

Teijin Ltd. (OTCMKTS:TINLY) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 667 shares, a growth of 102.7% from the September 30th total of 329 shares. Based on an average daily volume of 298 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.0% of the shares of the company are short sold.

Teijin Stock Performance

Shares of TINLY stock opened at $9.65 on Friday. Teijin has a 1 year low of $7.95 and a 1 year high of $11.60. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.85 and a quick ratio of 1.14. The firm has a fifty day moving average price of $10.47 and a 200-day moving average price of $10.07.

Teijin (OTCMKTS:TINLY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.47 earnings per share (EPS) for the quarter. The company had revenue of $1.39 billion during the quarter. Teijin had a negative return on equity of 11.55% and a negative net margin of 5.36%.

About Teijin

Teijin Limited is a Japan-based technology company with businesses spanning advanced materials and healthcare. The company develops and manufactures high-performance fibers, films, resins, composites and other materials used in transportation, electronics, industrial equipment, construction and consumer products.

Its materials portfolio includes aramid fibers, carbon fibers, polyester fibers, polycarbonate resins and related products. Teijin also provides composite materials and processing technologies designed to support lighter, stronger and more environmentally efficient products, including components for automobiles and aircraft.

In healthcare, Teijin provides pharmaceutical products and home healthcare services, including respiratory care equipment and related support.