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

Koito Manufacturing Co., Ltd. (OTCMKTS:KOTMY) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 24,300 shares, a growth of 24,200.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 20,000 shares, the days-to-cover ratio is presently 1.2 days.

OTCMKTS:KOTMY opened at $56.06 on Friday. The firm’s fifty day simple moving average is $57.10 and its 200 day simple moving average is $59.37. Koito Manufacturing has a 1 year low of $51.37 and a 1 year high of $77.40.

About Koito Manufacturing

Koito Manufacturing Co, Ltd. engages in the manufacturing and marketing of automotive lighting equipment, aircraft parts, and electrical equipment. Its products include automotive lighting and accessories such as light-emitting diode (LED), discharge, and halogen headlamps, fog lamps, side turn signal lamps, and LED rear combination lamps; aircraft lighting and equipment that includes interior and exterior lights, caution warning panels, electrical equipment, and hydraulic equipment; and ship lights and special products including LED marine lamps and destination indicators.

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