Toray Industries Inc. (OTCMKTS:TRYIY) Sees Significant Increase in Short Interest

Toray Industries Inc. (OTCMKTS:TRYIY) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 51,732 shares, an increase of 135.4% from the May 14th total of 21,977 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 63,459 shares, the days-to-cover ratio is currently 0.8 days.

Toray Industries Stock Performance

Shares of TRYIY stock opened at $14.44 on Monday. The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average of $14.22 and a two-hundred day moving average of $14.30. Toray Industries has a 52 week low of $11.70 and a 52 week high of $17.51. The company has a market cap of $10.86 billion, a P/E ratio of 20.63 and a beta of 0.49.

Toray Industries (OTCMKTS:TRYIY) last issued its earnings results on Wednesday, May 13th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.09. Toray Industries had a return on equity of 4.22% and a net margin of 3.06%.The company had revenue of $4.22 billion during the quarter, compared to the consensus estimate of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. As a group, analysts anticipate that Toray Industries will post 0.79 EPS for the current year.

Analysts Set New Price Targets

Separately, Smbc Nikko Sec. raised Toray Industries to a “strong-buy” rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

About Toray Industries

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.