TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Update

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 22,876 shares, a growth of 83.0% from the January 15th total of 12,500 shares. Based on an average daily volume of 15,236 shares, the short-interest ratio is currently 1.5 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 15,236 shares, the short-interest ratio is currently 1.5 days.

Institutional Trading of TOMI Environmental Solutions

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Susquehanna International Group LLP grew its position in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 101,280 shares of the company’s stock after buying an additional 30,361 shares during the period. Susquehanna International Group LLP owned approximately 0.50% of TOMI Environmental Solutions worth $104,000 as of its most recent SEC filing. 4.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of TOMI Environmental Solutions in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $3.50.

TOMI Environmental Solutions Price Performance

TOMZ stock opened at $0.73 on Friday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.66 and a current ratio of 1.98. The firm has a 50 day moving average price of $0.76 and a 200-day moving average price of $0.86. TOMI Environmental Solutions has a 52-week low of $0.63 and a 52-week high of $1.20. The firm has a market capitalization of $14.85 million, a price-to-earnings ratio of -2.94 and a beta of 1.57.

TOMI Environmental Solutions (NASDAQ:TOMZ) last released its earnings results on Friday, November 14th. The company reported ($0.02) 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 during the quarter, compared to the consensus estimate of $2.74 million. Equities research analysts forecast that TOMI Environmental Solutions will post -0.05 EPS for the current fiscal year.

About TOMI Environmental Solutions

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.