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

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 217,200 shares, an increase of 7,657.1% from the December 15th total of 2,800 shares. Based on an average trading volume of 122,400 shares, the short-interest ratio is currently 1.8 days. Approximately 1.7% of the company’s stock are sold short.

Wall Street Analyst Weigh In

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

TOMI Environmental Solutions Stock Down 6.2 %

TOMI Environmental Solutions stock traded down $0.07 during midday trading on Monday, reaching $1.07. The company’s stock had a trading volume of 29,055 shares, compared to its average volume of 106,508. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.13 and a quick ratio of 2.06. The stock has a market capitalization of $21.40 million, a P/E ratio of -8.22 and a beta of 1.03. The stock’s 50-day simple moving average is $0.83 and its 200-day simple moving average is $0.81. TOMI Environmental Solutions has a 52-week low of $0.52 and a 52-week high of $1.17.

Hedge Funds Weigh In On TOMI Environmental Solutions

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC boosted its position in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 50,000 shares of the company’s stock after buying an additional 30,000 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.25% of TOMI Environmental Solutions worth $40,000 at the end of the most recent reporting period. 4.77% of the stock is owned by hedge funds and other institutional investors.

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.