TMSR Holding Company Ltd (NASDAQ:TMSR) Short Interest Up 10.7% in June

TMSR Holding Company Ltd (NASDAQ:TMSR) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 13,400 shares, an increase of 10.7% from the May 30th total of 12,100 shares. Based on an average daily trading volume, of 28,700 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

Shares of TMSR stock traded down $0.07 on Friday, reaching $1.52. 12,974 shares of the company were exchanged, compared to its average volume of 8,211. TMSR has a 1-year low of $1.12 and a 1-year high of $10.32. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.60 and a current ratio of 0.74. The stock’s 50 day moving average is $1.52.

TMSR (NASDAQ:TMSR) last announced its quarterly earnings data on Tuesday, May 14th. The company reported ($0.04) EPS for the quarter. TMSR had a negative return on equity of 0.67% and a negative net margin of 0.89%. The company had revenue of $7.27 million for the quarter.

TMSR Company Profile

TMSR Holding Company Limited, together with its subsidiaries, focuses on the research, development, production, and sale of solid waste recycling systems for the mining and industrial sectors in the People's Republic of China. It is also involved in the iron ore trading, wine import and resale, and Agarwood wine trading businesses; and provision of ship exchange consulting services.

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