Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) Short Interest Up 3,748.3% in August

Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 37,444 shares, a growth 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.

Analysts Set New Price Targets

Separately, Morgan Stanley cut shares of Taiyo Yuden to an “underweight” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Taiyo Yuden Trading Down 2.1%

OTCMKTS:TYOYY opened at $14.21 on Thursday. The company’s 50 day moving average price is $276.60 and its 200-day moving average price is $216.21. Taiyo Yuden has a 52 week low of $4.96 and a 52 week high of $35.44.

Taiyo Yuden Company Profile

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.