Short Interest in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Declines By 46.2%

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZGet Free Report) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 2,800 shares, a drop of 46.2% from the November 30th total of 5,200 shares. Based on an average daily volume of 102,600 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC raised its position in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZFree Report) by 150.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 4.77% of the company’s stock.

TOMI Environmental Solutions Price Performance

Shares of NASDAQ TOMZ traded up $0.06 during midday trading on Friday, reaching $1.05. 247,505 shares of the company traded hands, compared to its average volume of 64,084. TOMI Environmental Solutions has a 12 month low of $0.52 and a 12 month high of $1.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.06 and a current ratio of 4.13. The stock’s 50-day simple moving average is $0.80 and its 200-day simple moving average is $0.81. The firm has a market cap of $21.02 million, a PE ratio of -8.08 and a beta of 1.19.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and issued a $3.50 price objective on shares of TOMI Environmental Solutions in a research note on Thursday, October 31st.

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About TOMI Environmental Solutions

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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.

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