Short Interest in Tosoh (OTCMKTS:TOSCF) Drops By 37.6%

Tosoh (OTCMKTS:TOSCF) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 458,190 shares, a decline of 37.6% from the July 30th total of 733,790 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.1% of the shares of the company are sold short.

Tosoh Price Performance

OTCMKTS:TOSCF opened at $16.00 on Monday. Tosoh has a one year low of $16.00 and a one year high of $17.25. The company has a market cap of $5.10 billion, a P/E ratio of 14.16 and a beta of 0.19. The firm’s fifty day moving average price is $16.00 and its two-hundred day moving average price is $16.41. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.25 and a quick ratio of 1.56.

Tosoh (OTCMKTS:TOSCF) last posted its earnings results on Tuesday, August 4th. The company reported $0.42 earnings per share (EPS) for the quarter. The company had revenue of $1.72 billion during the quarter. Tosoh had a net margin of 5.12% and a return on equity of 8.10%.

About Tosoh

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.