Short Interest in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Rises By 2,173.9%

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 289,426 shares, a growth of 2,173.9% from the February 12th total of 12,728 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average trading volume of 516,392 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 516,392 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.9% of the company’s shares are sold short.

TOMI Environmental Solutions Stock Down 4.5%

Shares of TOMZ opened at $0.65 on Wednesday. The firm has a fifty day moving average price of $0.73 and a 200-day moving average price of $0.82. The company has a current ratio of 1.98, a quick ratio of 0.66 and a debt-to-equity ratio of 1.31. The firm has a market capitalization of $13.10 million, a P/E ratio of -2.59 and a beta of 1.58. TOMI Environmental Solutions has a 12-month low of $0.54 and a 12-month high of $1.20.

Hedge Funds Weigh In On TOMI Environmental Solutions

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Susquehanna International Group LLP lifted its stake in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm 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 at the end of the most recent reporting period. 4.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

About TOMI Environmental Solutions

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.