Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY) Stock Short Interest Climbs 65.0%

Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 11,884 shares, a growth of 65.0% from the September 30th total of 7,201 shares. Based on an average daily trading volume, of 3,947 shares, the days-to-cover ratio is presently 3.0 days.

Tokyo Gas Co.,Ltd. Trading Up 2.8%

Shares of TKGSY opened at $21.21 on Wednesday. Tokyo Gas Co.,Ltd. has a 1 year low of $16.86 and a 1 year high of $25.42. The stock has a 50-day simple moving average of $19.93 and a 200-day simple moving average of $20.70.

Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY) last released its earnings results on Thursday, October 29th. The company reported $0.37 earnings per share for the quarter. The firm had revenue of $4.41 billion for the quarter.

About Tokyo Gas Co.,Ltd.

Tokyo Gas Co, Ltd. is a Japanese energy company that supplies city gas, electricity and related energy services to residential, commercial and industrial customers. Its operations are centered primarily in the greater Tokyo metropolitan area, where it provides natural gas through an extensive distribution network and offers services related to energy efficiency and home energy management.

The company is also involved in the procurement, importation and sale of liquefied natural gas, as well as gas-related engineering, equipment and maintenance services.