Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) Sees Large Growth in Short Interest

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,600 shares, a growth of 128.6% from the December 15th total of 700 shares. Based on an average daily trading volume, of 12,200 shares, the short-interest ratio is currently 0.1 days.

Koito Manufacturing Stock Performance

KOTMY traded up $0.11 during trading on Tuesday, reaching $12.40. The company had a trading volume of 9,905 shares, compared to its average volume of 4,238. The business’s fifty day moving average price is $12.64 and its 200 day moving average price is $13.39. 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.