Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) Stock Short Interest Report for October

Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) was the target of a significant decline in short interest in October. As of October 30th, there was short interest totaling 206,252 shares, a decline of 89.6% from the October 15th total of 1,986,220 shares. Based on an average daily volume of 442,457 shares, the days-to-cover ratio is currently 0.5 days.

Taiyo Yuden Stock Performance

Shares of TYOYY stock traded up $1.13 during mid-day trading on Wednesday, hitting $11.97. 20,734 shares of the stock traded hands, compared to its average volume of 86,300. Taiyo Yuden has a 52-week low of $4.96 and a 52-week high of $35.44. The stock’s fifty day moving average is $14.66 and its two-hundred day moving average is $154.66.

About Taiyo Yuden

Taiyo Yuden Co., Ltd. is a Japan-based manufacturer of electronic components used in communications equipment, automotive systems, industrial machinery, consumer electronics and other devices. The company is best known for its multilayer ceramic capacitors, which help regulate and stabilize electrical circuits. Its product portfolio also includes inductors, ferrite beads, circuit protection components, high-frequency components, filters, wireless modules and related electronic devices. Taiyo Yuden develops components for applications such as smartphones, networking equipment, automobiles, factory automation and energy-related systems.