TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Sees Significant Decrease in Short Interest

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 4,500 shares, a decline of 64.3% from the October 31st total of 12,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 21,400 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of TOMI Environmental Solutions

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC boosted its stake in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,000 shares of the company’s stock after purchasing an additional 30,000 shares during the quarter. Dynamic Advisor Solutions LLC owned 0.25% of TOMI Environmental Solutions worth $40,000 at the end of the most recent quarter. Institutional investors and hedge funds own 4.77% of the company’s stock.

Analyst Ratings Changes

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

TOMI Environmental Solutions Price Performance

NASDAQ TOMZ opened at $0.75 on Thursday. 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 fifty day simple moving average of $0.80 and a 200 day simple moving average of $0.81. The company has a market cap of $14.91 million, a P/E ratio of -5.73 and a beta of 1.27. TOMI Environmental Solutions has a 1 year low of $0.52 and a 1 year high of $1.16.

About TOMI Environmental Solutions

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.