Short Interest in Tosoh (OTCMKTS:TOSCF) Rises By 514.7%

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

Tosoh Stock Performance

OTCMKTS:TOSCF opened at $16.00 on Wednesday. The stock has a market cap of $5.10 billion, a P/E ratio of 14.16 and a beta of 0.19. The company has a quick ratio of 1.56, a current ratio of 2.25 and a debt-to-equity ratio of 0.09. The business’s 50-day moving average price is $16.00 and its two-hundred day moving average price is $16.41. Tosoh has a twelve month low of $16.00 and a twelve month high of $17.25.

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

About Tosoh

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.