Short Interest in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Declines By 44.4%

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 12,728 shares, a drop of 44.4% from the January 29th total of 22,876 shares. Based on an average trading volume of 18,592 shares, the days-to-cover ratio is currently 0.7 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 trading volume of 18,592 shares, the days-to-cover ratio is currently 0.7 days.

TOMI Environmental Solutions Trading Up 7.8%

Shares of TOMI Environmental Solutions stock opened at $0.69 on Friday. The stock has a 50 day moving average of $0.75 and a 200 day moving average of $0.84. 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 market capitalization of $13.96 million, a price-to-earnings ratio of -2.76 and a beta of 1.57. TOMI Environmental Solutions has a fifty-two week low of $0.54 and a fifty-two week high of $1.20.

Institutional Trading of TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Susquehanna International Group LLP raised its stake in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,280 shares of the company’s stock after buying an additional 30,361 shares during the quarter. Susquehanna International Group LLP owned about 0.50% of TOMI Environmental Solutions worth $104,000 at the end of the most recent quarter. Institutional investors and hedge funds own 4.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of TOMI Environmental Solutions in a research report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average 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.