Tosoh (OTCMKTS:TOSCF) Sees Significant Decrease in Short Interest

Tosoh (OTCMKTS:TOSCF) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 109,124 shares, a drop of 81.7% from the June 15th total of 596,225 shares. Based on an average daily volume of 3 shares, the days-to-cover ratio is presently 36,374.7 days. Approximately 0.0% of the company’s shares are sold short.

Tosoh Stock Performance

Shares of OTCMKTS:TOSCF remained flat at $16.00 during trading on Monday. Tosoh has a twelve month low of $16.00 and a twelve month high of $17.25. The company has a current ratio of 2.25, a quick ratio of 1.56 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average of $16.22 and a 200-day moving average of $16.41. The company has a market cap of $5.10 billion, a P/E ratio of 18.39 and a beta of 0.19.

Tosoh (OTCMKTS:TOSCF) last announced its earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share for the quarter. Tosoh had a net margin of 4.01% and a return on equity of 6.64%. The business had revenue of $1.68 billion during the quarter.

Tosoh Company Profile

Tosoh Corporation, founded in 1935 and headquartered in Tokyo, Japan, is a diversified chemical company known for its production of basic and specialty chemicals. Originally established as Toyo Soda Manufacturing Co, Ltd., the company adopted the Tosoh name in 1987 to reflect its growing range of operations. Over the decades, Tosoh has expanded its footprint through a combination of research-driven product development and strategic international partnerships.

The company’s portfolio is organized around core business segments that include chlor-alkali and derivatives, specialty plastics and polymer materials, advanced ceramics, electronic materials, and life science products.