Teijin Ltd. (OTCMKTS:TINLY) Short Interest Down 88.9% in July

Key Points

• Teijin Ltd. experienced a dramatic 88.9% decrease in short interest in July, dropping from 2,700 shares to just 300 shares.
• The company's stock price remained flat at $8.65 during midday trading, with a market capitalization of $1.67 billion and a P/E ratio of 29.83.
• Teijin reported a net loss of ($0.03) earnings per share for the last quarter, with total revenue of $1.68 billion.

Teijin Ltd. (OTCMKTS:TINLY - Get Free Report) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 300 shares, adeclineof88.9% from the July 15th total of 2,700 shares. Approximately0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately0.0% of the shares of the stock are short sold.

Teijin Price Performance

TINLY stock remained flat at $8.65 during midday trading on Thursday. The company had a trading volume of 34 shares, compared to its average volume of 576. The stock has a market capitalization of $1.67 billion, a P/E ratio of 29.83 and a beta of 0.17. The company's fifty day simple moving average is $8.09 and its 200 day simple moving average is $8.22. Teijin has a fifty-two week low of $7.19 and a fifty-two week high of $10.32. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.84 and a quick ratio of 1.13.

Teijin (OTCMKTS:TINLY - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $1.68 billion during the quarter.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.