Short Interest in Toto Ltd. (OTCMKTS:TOTDY) Increases By 685.8%

Toto Ltd. (OTCMKTS:TOTDY) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 3,489 shares, an increase of 685.8% from the August 15th total of 444 shares. Based on an average trading volume of 18,263 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Smbc Nikko Sec. upgraded shares of Toto from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 4th. Nomura upgraded shares of Toto to a “hold” rating in a report on Tuesday, September 1st. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Toto Price Performance

Shares of OTCMKTS:TOTDY opened at $37.06 on Friday. The company’s 50-day moving average is $42.83 and its 200 day moving average is $41.82. Toto has a fifty-two week low of $23.84 and a fifty-two week high of $60.09.

Toto Company Profile

TOTO Ltd. (OTCMKTS:TOTDY) is a Japan?based manufacturer specializing in bathroom fixtures and sanitary ware. Founded in 1917 by Kazuchika Okura and headquartered in Kitakyushu, Fukuoka Prefecture, the company has grown into one of the world’s leading providers of high?quality toilets, bidets, washbasins, faucets and related ceramics. Over the decades, TOTO has built a reputation for innovation through the development of technologies such as the Washlet® electronic bidet toilet seat, which integrates heated seating, warm water cleansing and automated lid operation.

The company’s core product portfolio encompasses a wide range of sanitary ceramics, including one?piece and two?piece toilets, urinals, bathtubs and shower systems.