TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Up 391.5% in December

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 14,697 shares, a growth of 391.5% from the November 30th total of 2,990 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 14,053 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 14,053 shares, the short-interest ratio is currently 1.0 days. Currently, 0.1% of the company’s shares are sold short.

TOMI Environmental Solutions Stock Performance

Shares of TOMZ stock opened at $0.79 on Thursday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.66 and a current ratio of 1.98. TOMI Environmental Solutions has a 52 week low of $0.63 and a 52 week high of $1.50. The company’s 50 day moving average price is $0.83 and its two-hundred day moving average price is $0.93. The company has a market capitalization of $15.94 million, a P/E ratio of -3.15 and a beta of 1.54.

TOMI Environmental Solutions (NASDAQ:TOMZ) last issued its quarterly earnings data on Friday, November 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). TOMI Environmental Solutions had a negative return on equity of 91.39% and a negative net margin of 91.40%.The company had revenue of $2.01 million for the quarter, compared to the consensus estimate of $2.74 million. On average, analysts expect that TOMI Environmental Solutions will post -0.05 earnings per share for the current fiscal year.

Institutional Trading of TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Susquehanna International Group LLP lifted its position in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,280 shares of the company’s stock after buying an additional 30,361 shares during the period. Susquehanna International Group LLP owned about 0.50% of TOMI Environmental Solutions worth $104,000 at the end of the most recent quarter. 4.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on TOMZ shares. Weiss Ratings restated a “sell (d-)” rating on shares of TOMI Environmental Solutions in a report on Wednesday, October 8th. Zacks Research raised shares of TOMI Environmental Solutions from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 16th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $3.50.

TOMI Environmental Solutions Company Profile

TOMI Environmental Solutions, Inc is a provider of infection prevention and control technologies, specializing in advanced decontamination and disinfection solutions. The company develops and manufactures a range of proprietary products, including electrostatic sprayers, thermal foggers, vaporized hydrogen peroxide systems and mobile decontamination chambers. These technologies are designed to deliver broad-spectrum pathogen kill and odor elimination in both occupied and unoccupied spaces.

In addition to its equipment offerings, TOMI provides chemical disinfectants and surface coatings formulated to meet regulatory standards for hospital‐grade efficacy.