Tokai Carbon Co., Ltd. (OTCMKTS:TKCBY – Get Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 80 shares, a drop of 67.1% from the May 31st total of 243 shares. Based on an average daily volume of 55 shares, the days-to-cover ratio is currently 1.5 days.
Tokai Carbon Stock Performance
TKCBY stock opened at $47.28 on Monday. The stock’s 50 day moving average is $36.00 and its two-hundred day moving average is $28.62. Tokai Carbon has a 52-week low of $23.50 and a 52-week high of $47.28.
About Tokai Carbon
Tokai Carbon Co, Ltd. (OTCMKTS: TKCBY) is a Japan‐based manufacturer specializing in a broad range of carbon and graphite products. Established in 1918, the company has built a reputation for supplying high‐performance materials to industries such as steelmaking, secondary battery manufacturing, and semiconductor production. Its core product portfolio includes graphite electrodes used in electric arc furnaces, conductive carbon black for rubber and plastics, and fine carbon products engineered for precision applications.
The company operates through several business segments that serve key industrial markets.
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