TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Up 7,657.1% in January

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 217,200 shares, a growth of 7,657.1% from the December 31st total of 2,800 shares. Currently, 1.7% of the company’s shares are short sold. Based on an average trading volume of 122,400 shares, the days-to-cover ratio is presently 1.8 days.

Analyst Ratings Changes

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

TOMI Environmental Solutions Price Performance

NASDAQ:TOMZ opened at $0.88 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 moving average of $0.89 and a 200 day moving average of $0.83. TOMI Environmental Solutions has a 52 week low of $0.52 and a 52 week high of $1.50.

Hedge Funds Weigh In On TOMI Environmental Solutions

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC raised its holdings in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% in the third quarter, according to 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 period. Dynamic Advisor Solutions LLC owned 0.25% of TOMI Environmental Solutions worth $40,000 at the end of the most recent reporting period. Institutional investors own 4.77% of the company’s stock.

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.