Tosoh Co. (OTCMKTS:TOSCF) Sees Significant Decrease in Short Interest

Tosoh Co. (OTCMKTS:TOSCF) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 222,400 shares, a decline of 48.1% from the May 15th total of 428,500 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Tosoh Price Performance

Tosoh stock remained flat at $13.71 during midday trading on Friday. The company has a quick ratio of 1.39, a current ratio of 2.10 and a debt-to-equity ratio of 0.04. Tosoh has a 1 year low of $11.87 and a 1 year high of $14.03. The firm’s 50 day moving average price is $13.70 and its two-hundred day moving average price is $13.34.

Tosoh (OTCMKTS:TOSCF) last announced its quarterly earnings data on Monday, May 13th. The company reported $0.36 earnings per share for the quarter. The company had revenue of $1.74 billion for the quarter.

About Tosoh

Tosoh Corporation manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals worldwide. It operates through four segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. The company provides advance materials, including battery, fabricated quartzware, silica glass, thin film depositions, zeolites for catalysts and molecular sieves, zirconia injection mold components and compounds, zirconia grinding and dispersion media, and zirconia fine beads and powders.