Tosoh (OTCMKTS:TOSCF) Stock Short Interest Jumps 277.6%

Tosoh (OTCMKTS:TOSCF) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 566,877 shares, a growth of 277.6% from the October 15th total of 150,140 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Tosoh Stock Performance

Shares of TOSCF stock remained flat at $15.85 on Friday. 320 shares of the stock were exchanged, compared to its average volume of 5. The company has a market cap of $5.05 billion, a P/E ratio of 12.58 and a beta of 0.25. The firm has a 50-day moving average of $15.97 and a 200-day moving average of $16.28. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.48 and a current ratio of 2.13. Tosoh has a twelve month low of $15.76 and a twelve month high of $16.00.

Tosoh (OTCMKTS:TOSCF) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $1.92 billion for the quarter. Tosoh had a net margin of 5.55% and a return on equity of 6.66%.

About Tosoh

Tosoh Corporation is a Japanese chemical company founded in 1935 as Toyo Soda Manufacturing. The company adopted the Tosoh name in 1987 and is headquartered in Tokyo. Tosoh produces basic chemicals, including caustic soda, chlorine and vinyl chloride monomer, as well as petrochemical products. Its specialty products include materials used in areas such as life sciences, healthcare, electronics and environmental applications. The company also supplies diagnostic instruments and reagents, including products for clinical testing, and provides engineering and plant-related services.