TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Down 79.6% in October

by · The Cerbat Gem

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,100 shares, a drop of 79.6% from the September 30th total of 15,200 shares. Based on an average daily volume of 47,100 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, HC Wainwright reissued a “buy” rating and issued a $3.50 price objective on shares of TOMI Environmental Solutions in a research report on Friday, August 2nd.

Read Our Latest Report on TOMZ

TOMI Environmental Solutions Stock Performance

Shares of TOMZ traded down $0.08 on Friday, reaching $0.85. 93,149 shares of the company’s stock traded hands, compared to its average volume of 45,802. TOMI Environmental Solutions has a 52-week low of $0.52 and a 52-week high of $1.19. The company has a current ratio of 3.84, a quick ratio of 2.06 and a debt-to-equity ratio of 0.32. The stock’s 50 day simple moving average is $0.81 and its two-hundred day simple moving average is $0.78. The stock has a market cap of $16.96 million, a PE ratio of -4.72 and a beta of 1.31.

Institutional Inflows and Outflows

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC boosted its stake in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ – Free Report) by 150.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,000 shares of the company’s stock after purchasing an additional 30,000 shares during the period. Dynamic Advisor Solutions LLC owned about 0.25% of TOMI Environmental Solutions worth $40,000 at the end of the most recent quarter. 4.77% of the stock is owned by hedge funds and other institutional investors.

About TOMI Environmental Solutions

(Get Free Report)

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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