Tosoh (OTCMKTS:TOSCF) Short Interest Up 514.7% in July

Tosoh (OTCMKTS:TOSCF) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 733,790 shares, an increase of 514.7% from the July 15th total of 119,369 shares. Based on an average trading volume of 617 shares, the short-interest ratio is currently 1,189.3 days. Currently, 0.2% of the company’s shares are sold short.

Tosoh Price Performance

Shares of Tosoh stock opened at $16.00 on Friday. Tosoh has a one year low of $16.00 and a one year high of $17.25. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.25 and a quick ratio of 1.56. The stock’s 50-day moving average is $16.00 and its 200 day moving average is $16.41. The firm has a market cap of $5.10 billion, a price-to-earnings ratio of 14.16 and a beta of 0.19.

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

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.