TOR Minerals International Inc (OTCMKTS:TORM) Shares Shorted: Short Interest Up 154.3% in October

TOR Minerals International Inc (OTCMKTS:TORM) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 4,387 shares, a growth of 154.3% from the September 30th total of 1,725 shares. Based on an average trading volume of 3,776 shares, the short-interest ratio is currently 1.2 days. Approximately 0.2% of the company’s stock are sold short.

TOR Minerals International Stock Performance

Shares of TORM opened at $2.30 on Friday. The stock has a 50 day moving average price of $2.27 and a 200 day moving average price of $1.86. The company has a quick ratio of 2.40, a current ratio of 4.94 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $8.14 million, a price-to-earnings ratio of -230.00 and a beta of 0.22. TOR Minerals International has a 52-week low of $0.77 and a 52-week high of $2.70.

TOR Minerals International (OTCMKTS:TORM) last posted its earnings results on Friday, October 30th. The specialty chemicals company reported ($0.09) EPS for the quarter. The firm had revenue of $5.54 million for the quarter. TOR Minerals International had a negative return on equity of 5.24% and a negative net margin of 2.53%.

TOR Minerals International Company Profile

TOR Minerals International, Inc is a specialty minerals company that develops, manufactures and markets performance-enhancing mineral products for industrial applications. Its product portfolio has included titanium dioxide-based pigments, specialty alumina products and other engineered mineral additives used in coatings, plastics, rubber, adhesives and related formulations.

The company has been associated with HITOX, a high-performance titanium dioxide pigment, as well as products designed to improve whiteness, opacity, durability and other physical characteristics in finished goods.