Short Interest in Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) Decreases By 37.2%

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 236 shares, a decline of 37.2% from the May 14th total of 376 shares. Based on an average daily trading volume, of 490 shares, the days-to-cover ratio is currently 0.5 days.

Koito Manufacturing Price Performance

Koito Manufacturing stock remained flat at $17.30 during midday trading on Tuesday. The company had a trading volume of 415 shares, compared to its average volume of 785. The business has a 50-day simple moving average of $16.48 and a 200-day simple moving average of $15.86. Koito Manufacturing has a 12 month low of $11.73 and a 12 month high of $18.34.

About Koito Manufacturing

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.