Toho Co., Ltd. Sees Surge in Short Interest

Toho Co., Ltd. (OTCMKTS:TKCOF) experienced a notable increase in short interest in the month of December. As of December 15th, the short interest reached 395,100 shares, marking a significant rise of 19.4% compared to the 330,800 shares reported on November 30th. With an average daily trading volume of 100 shares, the days-to-cover ratio is currently 3,951 days.

Toho Stock Performance

On Friday, TKCOF shares opened at $43.45. The company maintains a 50-day moving average price of $39.60 and a 200-day moving average price of $34.87. Over the past fifty-two weeks, Toho shares hit a low of $25.81 and reached a high of $43.45.

About Toho

Toho Co., Ltd. operates primarily within the film, theater production, and real estate sectors in Japan. The company is engaged in various activities, including producing, buying, selling, and renting films. Toho also produces and distributes television programs, movie pamphlets, and video software, while managing merchandising rights and other related businesses.

Additional Insights

Investors may find interest in the rising short interest in Toho as it reflects trader sentiment regarding the stock's performance in the market. Such shifts can influence future stock price movements and create trading opportunities.

Toho, Stock, Investment