TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Up 7,657.1% in January

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 217,200 shares, an increase of 7,657.1% from the December 31st total of 2,800 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 122,400 shares, the short-interest ratio is currently 1.8 days.

TOMI Environmental Solutions Stock Performance

Shares of TOMI Environmental Solutions stock opened at $0.86 on Wednesday. The company has a current ratio of 4.13, a quick ratio of 2.06 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average price is $0.89 and its 200 day moving average price is $0.83. TOMI Environmental Solutions has a one year low of $0.52 and a one year high of $1.50.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC boosted its position in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,000 shares of the company’s stock after purchasing an additional 30,000 shares during the period. Dynamic Advisor Solutions LLC owned approximately 0.25% of TOMI Environmental Solutions worth $40,000 at the end of the most recent quarter. Institutional investors and hedge funds own 4.77% of the company’s stock.

Wall Street Analyst Weigh In

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

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.