Teijin Limited (OTCMKTS:TINLY) Sees Large Decrease in Short Interest

Teijin Limited (OTCMKTS:TINLY) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 200 shares, a decline of 97.4% from the December 31st total of 7,700 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is presently 0.1 days.

Teijin Price Performance

Shares of TINLY remained flat at $8.50 during mid-day trading on Thursday. 47 shares of the company traded hands, compared to its average volume of 111. Teijin has a 52-week low of $7.57 and a 52-week high of $10.32. The firm’s fifty day simple moving average is $8.47 and its 200 day simple moving average is $8.99. The company has a quick ratio of 0.92, a current ratio of 1.45 and a debt-to-equity ratio of 0.61.

Teijin Company Profile

Teijin Limited engages in the fibers, films and sheets, composites, healthcare, and IT businesses worldwide. It offers aramid fibers and polyethylene materials; carbon fibers, composite materials, and oxidized PAN fibers; polycarbonate sheets and films; high-density polyethylene porous films and materials; and microporous films.