TOR Minerals International Inc (OTCMKTS:TORM) Stock Short Interest Drops 86.3%

TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 602 shares, a drop of 86.3% from the October 15th total of 4,387 shares. Based on an average daily volume of 2,369 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

TOR Minerals International Stock Performance

OTCMKTS TORM traded up $0.08 during trading hours on Wednesday, reaching $2.03. The stock had a trading volume of 200 shares, compared to its average volume of 5,844. The stock has a fifty day moving average of $2.23 and a 200 day moving average of $1.90. The stock has a market cap of $7.19 million, a P/E ratio of -203.00 and a beta of 0.08. TOR Minerals International has a 52-week low of $0.77 and a 52-week high of $2.70. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.40 and a current ratio of 4.94.

TOR Minerals International (OTCMKTS:TORM – Get Free Report) last announced its quarterly earnings results on Friday, October 30th. The specialty chemicals company reported ($0.09) earnings per share for the quarter. The company had revenue of $5.54 million for the quarter. TOR Minerals International had a negative net margin of 2.52% and a negative return on equity of 5.28%.

TOR Minerals International Company Profile

(Get Free Report)

TOR Minerals International, Inc. is a specialty minerals company that develops, manufactures and markets performance-enhancing mineral products for industrial applications. Its product portfolio has included titanium dioxide-based pigments, specialty alumina products and other engineered mineral additives used in coatings, plastics, rubber, adhesives and related formulations. The company has been associated with HITOX, a high-performance titanium dioxide pigment, as well as products designed to improve whiteness, opacity, durability and other physical characteristics in finished goods.

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