Short Interest in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Decreases By 44.6%

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 125,598 shares, a decrease of 44.6% from the May 31st total of 226,850 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 339,607 shares, the short-interest ratio is presently 0.4 days.

TOMI Environmental Solutions Stock Up 2.5%

TOMI Environmental Solutions stock traded up $0.02 during trading on Wednesday, reaching $0.84. The stock had a trading volume of 87,901 shares, compared to its average volume of 498,136. TOMI Environmental Solutions has a 52-week low of $0.50 and a 52-week high of $1.20. The business has a 50 day moving average price of $0.78 and a 200 day moving average price of $0.73. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 4.95. The stock has a market cap of $19.50 million, a PE ratio of -4.02 and a beta of 1.87.

TOMI Environmental Solutions (NASDAQ:TOMZ) last released its quarterly earnings data on Friday, May 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). The business had revenue of $1.65 million during the quarter, compared to analysts’ expectations of $1.69 million. TOMI Environmental Solutions had a negative return on equity of 315.96% and a negative net margin of 75.34%. On average, analysts predict that TOMI Environmental Solutions will post -0.16 EPS for the current year.

Institutional Trading of TOMI Environmental Solutions

A hedge fund recently raised its position in TOMI Environmental Solutions stock. Susquehanna International Group LLP grew its holdings in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,280 shares of the company’s stock after buying an additional 30,361 shares during the quarter. Susquehanna International Group LLP owned about 0.50% of TOMI Environmental Solutions worth $104,000 at the end of the most recent quarter. Institutional investors own 4.77% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TOMI Environmental Solutions in a report on Friday, May 29th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce”.

About TOMI Environmental Solutions

TOMI Environmental Solutions, Inc is a provider of infection prevention and control technologies, specializing in advanced decontamination and disinfection solutions. The company develops and manufactures a range of proprietary products, including electrostatic sprayers, thermal foggers, vaporized hydrogen peroxide systems and mobile decontamination chambers. These technologies are designed to deliver broad-spectrum pathogen kill and odor elimination in both occupied and unoccupied spaces.

In addition to its equipment offerings, TOMI provides chemical disinfectants and surface coatings formulated to meet regulatory standards for hospital?grade efficacy.