TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Sees Large Drop in Short Interest

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 2,800 shares, a drop of 46.2% from the November 30th total of 5,200 shares. Based on an average daily trading volume, of 102,600 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

TOMI Environmental Solutions Stock Performance

Shares of TOMZ stock opened at $0.99 on Friday. TOMI Environmental Solutions has a 12 month low of $0.52 and a 12 month high of $1.16. The company has a current ratio of 4.13, a quick ratio of 2.06 and a debt-to-equity ratio of 0.32. The company has a market cap of $19.82 million, a P/E ratio of -7.62 and a beta of 1.20. The firm has a fifty day moving average price of $0.79 and a 200 day moving average price of $0.81.

Institutional Inflows and Outflows

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC grew its stake in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,000 shares of the company’s stock after buying an additional 30,000 shares during the period. Dynamic Advisor Solutions LLC owned 0.25% of TOMI Environmental Solutions worth $40,000 at the end of the most recent reporting period. 4.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, HC Wainwright reissued a “buy” rating and set a $3.50 price objective on shares of TOMI Environmental Solutions in a research report on Thursday, October 31st.

TOMI Environmental Solutions Company Profile

TOMI Environmental Solutions, Inc, a bacteria decontamination and infectious disease control company, engages in the provision of environmental solutions for indoor air and surface disinfection and decontamination in the United States and internationally. The company’s disinfection solutions include SteraPak portable disinfection systems, SteraMist select surface units, SteraMist environment systems, SteraMist total disinfection carts, SteraMist transport units, NV+ fogging disinfection and decontamination systems, SteraMist custom engineered systems, SteraMist Hybrid disinfection systems, SteraMist integrated systems, Stainless Steel 90-Degree applicators, SteraMist plasma decontamination chambers, and iHP Corporate Service Decontamination, which provides full room, equipment, facility, and emergency disinfection and decontamination services.