Toray Industries Inc. (OTCMKTS:TRYIY – Get Free Report) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 21,977 shares, a drop of 50.5% from the April 30th total of 44,429 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 52,631 shares, the days-to-cover ratio is presently 0.4 days.
Analyst Upgrades and Downgrades
Separately, Smbc Nikko Sec. upgraded shares of Toray Industries to a “strong-buy” rating in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on Toray Industries
Toray Industries Price Performance
Toray Industries (OTCMKTS:TRYIY – Get Free Report) last released its earnings results on Wednesday, May 13th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.25 by $0.09. Toray Industries had a net margin of 3.06% and a return on equity of 4.25%. The firm had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.28 billion. Toray Industries has set its FY 2026 guidance at 0.788-0.788 EPS. As a group, research analysts forecast that Toray Industries will post 0.79 EPS for the current year.
About Toray Industries
Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.
In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.
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