Tosoh (OTCMKTS:TOSCF) Short Interest Up 514.7% in July

Tosoh (OTCMKTS:TOSCF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 733,790 shares, an increase of 514.7% from the July 15th total of 119,369 shares. Based on an average trading volume of 617 shares, the days-to-cover ratio is currently 1,189.3 days. Approximately 0.2% of the company’s stock are sold short.

Tosoh Price Performance

Shares of TOSCF opened at $16.00 on Thursday. The stock has a market capitalization of $5.10 billion, a P/E ratio of 14.16 and a beta of 0.19. Tosoh has a twelve month low of $16.00 and a twelve month high of $17.25. The company has a 50 day moving average of $16.00 and a 200-day moving average of $16.41. The company has a quick ratio of 1.56, a current ratio of 2.25 and a debt-to-equity ratio of 0.09.

Tosoh (OTCMKTS:TOSCF) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.42 EPS for the quarter. Tosoh had a net margin of 5.12% and a return on equity of 8.10%. The business had revenue of $1.72 billion for the quarter.

Tosoh Company Profile

Tosoh Corporation, founded in 1935 and headquartered in Tokyo, Japan, is a diversified chemical company known for its production of basic and specialty chemicals. Originally established as Toyo Soda Manufacturing Co, Ltd., the company adopted the Tosoh name in 1987 to reflect its growing range of operations. Over the decades, Tosoh has expanded its footprint through a combination of research-driven product development and strategic international partnerships.

The company’s portfolio is organized around core business segments that include chlor-alkali and derivatives, specialty plastics and polymer materials, advanced ceramics, electronic materials, and life science products.