Toho Co., Ltd. Sees Significant Growth in Short Interest

Toho Co., Ltd. (OTCMKTS:TKCOF) has experienced a notable rise in short interest during December. As of December 15th, the total short interest stood at 395,100 shares. This reflects an increase of 19.4% compared to the 330,800 shares reported at the end of November. With an average daily trading volume of 100 shares, the days-to-cover ratio is a staggering 3,951.0 days, indicating that it would take a very long time to cover all short positions based on current trading volumes.

Toho Price Performance

On Friday, shares of TKCOF opened at $43.45. The stock has demonstrated consistent growth, marked by a 50-day moving average of $39.60 and a 200-day moving average of $34.87. Over the past year, the stock has reached a low of $25.81 and a high of $43.45, reflecting significant volatility and interest in its performance.

About Toho

Toho Co., Ltd. is primarily involved in the entertainment industry in Japan, focusing on motion pictures and theatrical productions. The company produces, buys, sells, and rents movies. Additionally, it is engaged in producing and selling television programs, movie pamphlets, and video software. Toho also deals with merchandise rights and other related activities, positioning itself as a key player in the Japanese entertainment market.

Toho, Stocks, Growth