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

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 217,200 shares, an increase 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 daily volume of 122,400 shares, the short-interest ratio is presently 1.8 days.

Analyst Ratings Changes

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

TOMI Environmental Solutions Stock Performance

TOMI Environmental Solutions stock traded up $0.01 during trading on Tuesday, hitting $0.89. The stock had a trading volume of 17,535 shares, compared to its average volume of 101,213. The company has a quick ratio of 2.06, a current ratio of 4.13 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average is $0.89 and its two-hundred day moving average is $0.83. TOMI Environmental Solutions has a 1 year low of $0.52 and a 1 year high of $1.50. The stock has a market cap of $17.85 million, a price-to-earnings ratio of -6.86 and a beta of 1.03.

Institutional Inflows and Outflows

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC increased its holdings 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 firm 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 as of its most recent SEC filing. Institutional investors own 4.77% of the company’s stock.

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.