TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Update

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 557,895 shares, an increase of 755.7% from the April 15th total of 65,195 shares. Approximately 3.6% of the company’s shares are short sold. Based on an average daily volume of 2,336,181 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Susquehanna International Group LLP grew its holdings in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,280 shares of the company’s stock after purchasing an additional 30,361 shares during the quarter. Susquehanna International Group LLP owned about 0.50% of TOMI Environmental Solutions worth $104,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 4.77% of the stock is currently owned by institutional investors.

TOMI Environmental Solutions Price Performance

TOMZ stock opened at $0.81 on Thursday. The company has a fifty day moving average price of $0.64 and a 200-day moving average price of $0.73. The company has a market capitalization of $17.49 million, a P/E ratio of -3.84 and a beta of 1.77. TOMI Environmental Solutions has a 52-week low of $0.50 and a 52-week high of $1.20. The company has a debt-to-equity ratio of 4.95, a quick ratio of 0.40 and a current ratio of 1.09.

TOMI Environmental Solutions (NASDAQ:TOMZ) last released its quarterly earnings results on Friday, May 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.04). The firm had revenue of $1.65 million during the quarter, compared to the consensus estimate of $1.69 million. TOMI Environmental Solutions had a negative net margin of 75.34% and a negative return on equity of 315.96%. As a group, equities analysts expect that TOMI Environmental Solutions will post -0.16 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of TOMI Environmental Solutions in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, TOMI Environmental Solutions presently has a consensus rating of “Reduce”.

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.