TOR Minerals International Inc (OTCMKTS:TORM) Sees Large Growth in Short Interest

TOR Minerals International Inc (OTCMKTS:TORM) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,800 shares, an increase of 833.3% from the August 31st total of 300 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 1.0 days.

TOR Minerals International Stock Up 3.3%

Shares of OTCMKTS:TORM opened at $1.24 on Thursday. TOR Minerals International has a 1 year low of $0.70 and a 1 year high of $2.20. The stock’s 50-day moving average is $1.16 and its 200 day moving average is $1.13. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.65 and a quick ratio of 1.67. The company has a market cap of $4.39 million, a PE ratio of -3.10 and a beta of -0.05.

TOR Minerals International (OTCMKTS:TORM) last issued its quarterly earnings results on Friday, August 8th. The specialty chemicals company reported ($0.02) EPS for the quarter. The company had revenue of $5.85 million during the quarter. TOR Minerals International had a negative return on equity of 8.48% and a negative net margin of 6.28%.

TOR Minerals International Company Profile

TOR Minerals International, Inc produces and sells specialty mineral products in the United States, Europe, and Asia. The company offers alumina trihydrate and boehmite halogen-free flame retardant and smoke suppressant fillers for plastics, rubber, and specialty applications; and beige and gray colored titanium dioxide (TiO2) pigments for use in paints, coatings, plastics, paper, and various other products.