Short Interest in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Decreases By 64.3%

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 4,500 shares, a drop of 64.3% from the October 31st total of 12,600 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 21,400 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC grew its holdings in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 filing with the Securities and Exchange Commission. 4.77% of the stock is currently owned by institutional investors and hedge funds.

TOMI Environmental Solutions Stock Performance

Shares of TOMZ remained flat at $0.74 during mid-day trading on Friday. The stock had a trading volume of 1,594 shares, compared to its average volume of 43,156. The firm’s 50 day simple moving average is $0.80 and its 200-day simple moving average is $0.81. The company has a market cap of $14.83 million, a PE ratio of -5.70 and a beta of 1.27. The company has a quick ratio of 2.06, a current ratio of 4.13 and a debt-to-equity ratio of 0.32. TOMI Environmental Solutions has a 52 week low of $0.52 and a 52 week high of $1.16.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued 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 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.