Short Interest in Toto Ltd. (OTCMKTS:TOTDY) Declines By 40.9%

Toto Ltd. (OTCMKTS:TOTDY) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,135 shares, a drop of 40.9% from the June 30th total of 3,613 shares. Based on an average daily trading volume, of 21,934 shares, the short-interest ratio is presently 0.1 days.

Toto Trading Down 4.1%

Shares of OTCMKTS:TOTDY opened at $40.77 on Thursday. Toto has a 1 year low of $23.84 and a 1 year high of $60.09. The business has a fifty day simple moving average of $48.74 and a 200 day simple moving average of $40.50.

Wall Street Analysts Forecast Growth

Separately, Smbc Nikko Sec. upgraded Toto from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 4th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Toto presently has a consensus rating of “Hold”.

Toto Company Profile

TOTO Ltd. (OTCMKTS:TOTDY) is a Japan‐based manufacturer specializing in bathroom fixtures and sanitary ware. Founded in 1917 by Kazuchika Okura and headquartered in Kitakyushu, Fukuoka Prefecture, the company has grown into one of the world’s leading providers of high‐quality toilets, bidets, washbasins, faucets and related ceramics. Over the decades, TOTO has built a reputation for innovation through the development of technologies such as the Washlet® electronic bidet toilet seat, which integrates heated seating, warm water cleansing and automated lid operation.

The company’s core product portfolio encompasses a wide range of sanitary ceramics, including one‐piece and two‐piece toilets, urinals, bathtubs and shower systems.