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

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMYGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 376 shares, a growth of 332.2% from the April 30th total of 87 shares. Based on an average daily volume of 739 shares, the days-to-cover ratio is presently 0.5 days.

Koito Manufacturing Stock Performance

KOTMY stock opened at $17.50 on Friday. Koito Manufacturing has a 52 week low of $11.73 and a 52 week high of $18.34. The company has a fifty day simple moving average of $16.04 and a two-hundred day simple moving average of $15.62.

Koito Manufacturing Company Profile

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Koito Manufacturing Co, Ltd. is a Japan‐based company specializing in the design, development and manufacture of automotive lighting systems. The company’s core offerings include exterior lighting products such as headlamps (halogen, high‐intensity discharge and LED), rear combination lamps and signal lamps, as well as interior lighting modules and electronic control units for a wide range of passenger vehicles and commercial vehicles.

Founded in 1915 and headquartered in Tokyo, Koito has leveraged more than a century of expertise in optics, electronics and production engineering to serve leading automotive original equipment manufacturers.

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