TEIJIN LTD ORD AMERICAN DEPOSITARY SHARE (OTCMKTS:TINLY)’s Trend Up, Especially After Decreased Shorts

April 16, 2018 - By Linda Rogers

Teijin Limited (OTCMKTS:TINLY) Logo

The stock of TEIJIN LTD ORD AMERICAN DEPOSITARY SHARE (OTCMKTS:TINLY) registered a decrease of 17.14% in short interest. TINLY’s total short interest was 2,900 shares in April as published by FINRA. Its down 17.14% from 3,500 shares, reported previously. With 800 shares average volume, it will take short sellers 4 days to cover their TINLY’s short positions.

It closed at $19.01 lastly. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Teijin Limited engages in advanced fibers and composites, electric materials and performance polymer products, healthcare, products converting, and IT businesses worldwide. The company has market cap of $3.76 billion. The companyÂ’s Advanced Fibers and Composites segment offers para-aramid, meta-aramid, polyester, and polyethylene naphthalate fibers; artificial leather; carbon fibers and intermediate materials; carbon fiber reinforced composites; and flame-resistant fibers. It has a 7.92 P/E ratio. The Company’s Electronics Materials and Performance Polymer Products segment provides polycarbonate (PC) resins, PC/ABS and PC/AS polymer alloys, PEN resins, polyethylene terephthalate (PET) resins, polybutylene naphthalete resins, flame retardants, PET and PEN films, processed films, raw materials, and polymers.

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