Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) Sees Significant Drop in Short Interest

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 100 shares, a drop of 96.4% from the October 31st total of 2,800 shares. Based on an average daily volume of 71,700 shares, the short-interest ratio is presently 0.0 days.

Koito Manufacturing Price Performance

OTCMKTS:KOTMY traded down $0.46 during mid-day trading on Wednesday, reaching $12.51. The company’s stock had a trading volume of 3,554 shares, compared to its average volume of 32,712. The firm’s fifty day moving average price is $13.12 and its two-hundred day moving average price is $13.68. Koito Manufacturing has a 12-month low of $11.76 and a 12-month high of $16.69.

Koito Manufacturing Company Profile

Koito Manufacturing Co, Ltd. engages in the manufacturing and marketing of automotive lighting equipment, aircraft parts, and electrical equipment. Its products include automotive lighting and accessories such as light-emitting diode (LED), discharge, and halogen headlamps, fog lamps, side turn signal lamps, and LED rear combination lamps; aircraft lighting and equipment that includes interior and exterior lights, caution warning panels, electrical equipment, and hydraulic equipment; and ship lights and special products including LED marine lamps and destination indicators.