Tosoh (OTCMKTS:TOSCF) Shares Shorted: Short Interest Up 277.6% in October

Tosoh (OTCMKTS:TOSCF) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 566,877 shares, a growth of 277.6% from the October 15th total of 150,140 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Tosoh Price Performance

Shares of OTCMKTS TOSCF opened at $15.76 on Thursday. Tosoh has a 1 year low of $15.76 and a 1 year high of $16.00. The stock has a market capitalization of $5.02 billion, a P/E ratio of 12.51 and a beta of 0.25. The company’s 50-day moving average is $15.98 and its 200 day moving average is $16.28. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.13 and a quick ratio of 1.48.

Tosoh (OTCMKTS:TOSCF) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.14 EPS for the quarter. The business had revenue of $1.92 billion during the quarter. Tosoh had a net margin of 5.55% and a return on equity of 6.66%.

About Tosoh

Tosoh Corporation is a Japanese chemical company founded in 1935 as Toyo Soda Manufacturing. The company adopted the Tosoh name in 1987 and is headquartered in Tokyo. Tosoh produces basic chemicals, including caustic soda, chlorine and vinyl chloride monomer, as well as petrochemical products. Its specialty products include materials used in areas such as life sciences, healthcare, electronics and environmental applications. The company also supplies diagnostic instruments and reagents, including products for clinical testing, and provides engineering and plant-related services.