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

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 3,100 shares, a decrease of 79.6% from the September 30th total of 15,200 shares. Based on an average daily volume of 47,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated a “buy” rating and issued a $3.50 target price on shares of TOMI Environmental Solutions in a research note on Friday, August 2nd.

TOMI Environmental Solutions Stock Down 8.6 %

NASDAQ TOMZ traded down $0.08 during trading hours on Friday, hitting $0.85. 93,149 shares of the company were exchanged, compared to its average volume of 45,802. The company has a 50 day moving average of $0.81 and a two-hundred day moving average of $0.78. The firm has a market cap of $16.96 million, a price-to-earnings ratio of -4.72 and a beta of 1.31. TOMI Environmental Solutions has a 52-week low of $0.52 and a 52-week high of $1.19. The company has a quick ratio of 2.06, a current ratio of 3.84 and a debt-to-equity ratio of 0.32.

Institutional Investors Weigh In On TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC increased its position in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,000 shares of the company’s stock after buying an additional 30,000 shares during the period. Dynamic Advisor Solutions LLC owned about 0.25% of TOMI Environmental Solutions worth $40,000 at the end of the most recent reporting period. 4.77% of the stock is owned by institutional investors and hedge funds.

About TOMI Environmental Solutions

TOMI Environmental Solutions, Inc, a bacteria decontamination and infectious disease control company, engages in the provision of environmental solutions for indoor air and surface disinfection and decontamination in the United States and internationally. The company’s disinfection solutions include SteraPak portable disinfection systems, SteraMist select surface units, SteraMist environment systems, SteraMist total disinfection carts, SteraMist transport units, NV+ fogging disinfection and decontamination systems, SteraMist custom engineered systems, SteraMist Hybrid disinfection systems, SteraMist integrated systems, Stainless Steel 90-Degree applicators, SteraMist plasma decontamination chambers, and iHP Corporate Service Decontamination, which provides full room, equipment, facility, and emergency disinfection and decontamination services.