Tosoh Co. (OTCMKTS:TOSCF) Sees Large Decline in Short Interest

Tosoh Co. (OTCMKTS:TOSCF) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totalling 159,800 shares, a decline of 28.1% from the May 31st total of 222,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,598.0 days.

Tosoh Stock Performance

Shares of TOSCF stock remained flat at $13.71 on Friday. The firm has a 50 day simple moving average of $13.71 and a 200-day simple moving average of $13.42. Tosoh has a 12 month low of $11.87 and a 12 month high of $14.03. The company has a quick ratio of 1.34, a current ratio of 2.03 and a debt-to-equity ratio of 0.03.

Tosoh (OTCMKTS:TOSCF) last issued its earnings results on Monday, May 13th. The company reported $0.36 earnings per share for the quarter. The business had revenue of $1.74 billion for the quarter.

Tosoh Company Profile

Tosoh Corporation manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals worldwide. It operates through four segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. The company provides advance materials, including battery, fabricated quartzware, silica glass, thin film depositions, zeolites for catalysts and molecular sieves, zirconia injection mold components and compounds, zirconia grinding and dispersion media, and zirconia fine beads and powders.