Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) Sees Large Growth in Short Interest

Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 37,444 shares, an increase of 3,748.3% from the July 30th total of 973 shares. Based on an average daily trading volume, of 78,896 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

TYOYY has been the subject of several analyst reports. Morgan Stanley cut shares of Taiyo Yuden to an “underweight” rating in a research note on Wednesday, June 17th. Zacks Research raised shares of Taiyo Yuden to a “hold” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Taiyo Yuden presently has an average rating of “Reduce”.

Taiyo Yuden Trading Up 1.4%

Shares of OTCMKTS:TYOYY opened at $14.52 on Wednesday. Taiyo Yuden has a 52-week low of $4.96 and a 52-week high of $35.44. The company has a 50-day simple moving average of $286.31 and a 200 day simple moving average of $216.78.

About Taiyo Yuden

Taiyo Yuden Co, Ltd. (OTCMKTS: TYOYY) is a Tokyo‐based manufacturer specializing in electronic components and modules. Established in 1950, the company has built a reputation for innovation in passive components and wireless communication modules. Over the decades, Taiyo Yuden has expanded its portfolio beyond its ceramic capacitor roots to encompass inductors, acoustic devices and high‐performance circuit protection components.

The company’s product lineup includes multilayer ceramic capacitors, power inductors, common‐mode choke coils and EMI filters, all critical for consumer electronics, automotive systems and industrial applications.