Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) Short Interest Update

Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 37,444 shares, an increase of 3,748.3% from the July 30th total of 973 shares. Based on an average trading volume of 78,896 shares, the days-to-cover ratio is presently 0.5 days.

Taiyo Yuden Stock Up 1.4%

Shares of OTCMKTS TYOYY traded up $0.20 during midday trading on Tuesday, reaching $14.52. 14,542 shares of the company’s stock were exchanged, compared to its average volume of 23,178. Taiyo Yuden has a 52-week low of $4.96 and a 52-week high of $35.44. The business’s fifty day moving average price is $296.26 and its two-hundred day moving average price is $217.33.

Wall Street Analyst Weigh In

TYOYY has been the topic of a number of analyst reports. Morgan Stanley lowered shares of Taiyo Yuden to an “underweight” rating in a research note on Wednesday, June 17th. Zacks Research upgraded shares of Taiyo Yuden to a “hold” rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

About Taiyo Yuden

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.