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

TOR Minerals International Inc (OTCMKTS:TORM) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 828 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 29,698 shares, the short-interest ratio is currently 0.0 days.

TOR Minerals International Stock Performance

Shares of TORM opened at $2.10 on Wednesday. The firm has a market cap of $7.45 million, a P/E ratio of -210.50 and a beta of 0.21. TOR Minerals International has a twelve month low of $0.77 and a twelve month high of $2.70. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.40 and a current ratio of 4.94. The firm’s 50 day moving average price is $2.31 and its two-hundred day moving average price is $1.97.

TOR Minerals International (OTCMKTS:TORM) last issued its quarterly earnings data on Friday, July 31st. The specialty chemicals company reported $0.03 earnings per share (EPS) for the quarter. TOR Minerals International had a negative net margin of 2.53% and a negative return on equity of 5.24%. The company had revenue of $6.49 million during the quarter.

TOR Minerals International Company Profile

TOR Minerals International, Inc is a specialty minerals company that develops, manufactures and markets mineral-based products for industrial applications. Its offerings have included functional fillers, extenders and specialty pigments designed to improve characteristics such as opacity, whiteness, durability and performance in finished products.

The company has been associated with products used in coatings, paints, plastics, construction materials, adhesives and sealants. Its product portfolio has included HITOX, a titanium dioxide-related pigment and extender product, along with other mineral products based on materials such as aluminum oxide and calcium carbonate.

Founded in 1973 and headquartered in Corpus Christi, Texas, TOR Minerals has marketed its products to customers in the United States and international markets.