Tosoh Co. (OTCMKTS:TOSCF) Sees Significant Drop in Short Interest

Tosoh Co. (OTCMKTS:TOSCF) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 88,200 shares, a decrease of 18.3% from the January 15th total of 107,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 882.0 days.

Tosoh Price Performance

Shares of TOSCF stock opened at $13.55 on Friday. The firm has a fifty day moving average of $13.29 and a 200-day moving average of $12.80. The company has a quick ratio of 1.43, a current ratio of 2.14 and a debt-to-equity ratio of 0.05. Tosoh has a 12-month low of $12.90 and a 12-month high of $13.55. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 11.68 and a beta of 0.15.

Tosoh (OTCMKTS:TOSCF) last released its earnings results on Thursday, February 6th. The company reported $0.49 earnings per share for the quarter. Tosoh had a net margin of 5.29% and a return on equity of 6.49%.

Tosoh Company Profile

Tosoh Corporation manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals worldwide. It operates through four segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. The company provides advance materials, including battery, fabricated quartzware, silica glass, thin film depositions, zeolites for catalysts and molecular sieves, zirconia injection mold components and compounds, zirconia grinding and dispersion media, and zirconia fine beads and powders.