TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Sees Significant Growth in Short Interest

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 22,876 shares, an increase of 83.0% from the January 15th total of 12,500 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 15,236 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily volume of 15,236 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.1% of the company’s stock are short sold.

TOMI Environmental Solutions Stock Up 4.9%

TOMZ opened at $0.73 on Friday. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.98 and a quick ratio of 0.66. TOMI Environmental Solutions has a one year low of $0.63 and a one year high of $1.20. The firm has a market capitalization of $14.85 million, a P/E ratio of -2.94 and a beta of 1.57. The company has a fifty day moving average price of $0.76 and a 200-day moving average price of $0.86.

TOMI Environmental Solutions (NASDAQ:TOMZ) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The company had revenue of $2.01 million for the quarter, compared to the consensus estimate of $2.74 million. TOMI Environmental Solutions had a negative return on equity of 91.39% and a negative net margin of 91.40%. Equities research analysts expect that TOMI Environmental Solutions will post -0.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Susquehanna International Group LLP increased its stake in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 101,280 shares of the company’s stock after acquiring an additional 30,361 shares during the quarter. Susquehanna International Group LLP owned approximately 0.50% of TOMI Environmental Solutions worth $104,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 4.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of TOMI Environmental Solutions in a research note on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $3.50.

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.