Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) Sees Significant Drop in Short Interest

Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 100 shares, a decline of 50.0% from the December 15th total of 200 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 0.3 days.

Shares of Taiyo Yuden stock opened at $218.00 on Friday. Taiyo Yuden has a twelve month low of $162.17 and a twelve month high of $283.49. The company has a 50-day simple moving average of $227.29 and a two-hundred day simple moving average of $222.20.

About Taiyo Yuden

Taiyo Yuden Co, Ltd. engages in manufacture and sale of electronic components. Its products include ceramic capacitors, inductors, noise suppression components, multilayer ceramic devices, chip antennas, and wireless modules. The company was founded by Hikohachi Sato on March 23, 1950 and is headquartered in Tokyo, Japan.

See Also: How to track put option volume

Receive News & Ratings for Taiyo Yuden Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiyo Yuden and related companies with MarketBeat.com's FREE daily email newsletter.