Taisei Co. (OTCMKTS:TISCY) Stock Short Interest Rises 230.6%

Taisei Co. (OTCMKTS:TISCY – Get Free Report) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 1,762 shares, an increase of 230.6% from the October 15th total of 533 shares. Based on an average daily trading volume, of 2,286 shares, the days-to-cover ratio is currently 0.8 days.

Taisei Price Performance

Shares of OTCMKTS:TISCY traded down $0.14 during midday trading on Friday, reaching $19.17. 1,101 shares of the company’s stock were exchanged, compared to its average volume of 1,872. The company’s 50 day simple moving average is $18.76 and its two-hundred day simple moving average is $22.54. Taisei has a 12 month low of $16.01 and a 12 month high of $33.00.

About Taisei

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Taisei Corporation is a Japan-based general contractor that provides construction and engineering services for public and private-sector clients. The company’s activities include building construction, civil engineering, infrastructure development, and environmental and technological services. Its building projects span offices, commercial facilities, residential properties, hospitals, educational institutions, hotels, and other structures. In civil engineering, Taisei works on roads, railways, tunnels, bridges, dams, airports, and other infrastructure projects.

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