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

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 12,600 shares, an increase of 306.5% from the October 15th total of 3,100 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 46,100 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reissued a “buy” rating and set a $3.50 price objective on shares of TOMI Environmental Solutions in a report on Thursday, October 31st.

Institutional Trading of TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC raised its holdings in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 as of its most recent SEC filing. Institutional investors and hedge funds own 4.77% of the company’s stock.

TOMI Environmental Solutions Price Performance

TOMI Environmental Solutions stock traded up $0.02 during midday trading on Wednesday, reaching $0.80. The company’s stock had a trading volume of 923 shares, compared to its average volume of 44,621. TOMI Environmental Solutions has a fifty-two week low of $0.52 and a fifty-two week high of $1.19. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.06 and a current ratio of 4.13. The stock’s 50 day simple moving average is $0.81 and its 200 day simple moving average is $0.81. The firm has a market capitalization of $16.01 million, a PE ratio of -5.98 and a beta of 1.27.

TOMI Environmental Solutions Company Profile

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.