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

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 125,598 shares, a drop of 44.6% from the May 31st total of 226,850 shares. Based on an average trading volume of 339,607 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.7% of the shares of the stock are short sold.

Institutional Trading of TOMI Environmental Solutions

An institutional investor recently raised its stake in TOMI Environmental Solutions stock. Susquehanna International Group LLP raised its position in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,280 shares of the company’s stock after purchasing an additional 30,361 shares during the quarter. Susquehanna International Group LLP owned approximately 0.50% of TOMI Environmental Solutions worth $104,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 4.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of TOMI Environmental Solutions in a research report on Friday, May 29th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

TOMI Environmental Solutions Price Performance

TOMI Environmental Solutions stock traded down $0.02 during mid-day trading on Thursday, hitting $0.83. The company’s stock had a trading volume of 61,760 shares, compared to its average volume of 494,771. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 4.95. The stock has a market capitalization of $19.10 million, a P/E ratio of -3.94 and a beta of 1.88. TOMI Environmental Solutions has a twelve month low of $0.50 and a twelve month high of $1.20. The stock’s fifty day moving average price is $0.79 and its two-hundred day moving average price is $0.73.

TOMI Environmental Solutions (NASDAQ:TOMZ) last released its quarterly earnings results on Friday, May 8th. The company reported ($0.04) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.04). The business had revenue of $1.65 million during the quarter, compared to analyst estimates of $1.69 million. TOMI Environmental Solutions had a negative return on equity of 315.96% and a negative net margin of 75.34%. Research analysts forecast that TOMI Environmental Solutions will post -0.16 earnings per share for the current year.

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.