Toyo Suisan Kaisha, Ltd. (OTCMKTS:TSUKY – Get Free Report) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 664 shares, a decrease of 87.3% from the August 31st total of 5,234 shares. Based on an average daily trading volume, of 3,616 shares, the days-to-cover ratio is currently 0.2 days.
Toyo Suisan Kaisha Trading Up 4.7%
Shares of OTCMKTS TSUKY opened at $62.00 on Friday. Toyo Suisan Kaisha has a one year low of $58.14 and a one year high of $86.90. The firm’s 50 day simple moving average is $65.24 and its two-hundred day simple moving average is $66.39.
About Toyo Suisan Kaisha
Toyo Suisan Kaisha, Ltd. is a Japanese food company best known for its Maruchan brand of instant noodles and other convenience foods. Its products include bagged and cup-style ramen, yakisoba, udon and other noodle products, as well as chilled and frozen foods, prepared meals, and related food items.
The company was established in Japan in 1953 and initially operated in the seafood business before expanding into processed foods. It entered the instant-noodle market in the 1960s, and noodles have since become a central part of its business.
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