T&D Holdings, Inc. (OTCMKTS:TDHOY) Sees Large Increase in Short Interest

T&D Holdings, Inc. (OTCMKTS:TDHOY) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,064 shares, an increase of 7,963.2% from the August 15th total of 38 shares. Based on an average daily volume of 1,825 shares, the days-to-cover ratio is currently 1.7 days.

T&D Price Performance

TDHOY stock remained flat at $15.68 during mid-day trading on Thursday. The company’s stock had a trading volume of 94 shares, compared to its average volume of 679. The company has a fifty day moving average of $15.14 and a two-hundred day moving average of $13.66. T&D has a 52 week low of $9.86 and a 52 week high of $15.96.

T&D Company Profile

T&D Holdings Inc is a Japan-based insurance holding company engaged primarily in the life insurance business through its group subsidiaries. The company offers a broad range of individual and corporate life insurance products, including whole life, term life, endowment and medical coverage, as well as annuities and pension plans. Through its distribution network of agents, bancassurance partners and direct channels, T&D Holdings designs solutions to meet both personal protection and corporate risk-management needs.

The holding company was established in July 2004 following the management integration of Taiyo Life Insurance Company and Daido Life Insurance Company.