TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Sees Significant Decrease in Short Interest

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

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 TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,000 shares of the company’s stock after purchasing an additional 30,000 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.25% of TOMI Environmental Solutions worth $40,000 at the end of the most recent reporting period. 4.77% of the stock is owned by institutional investors and hedge funds.

TOMI Environmental Solutions Price Performance

Shares of NASDAQ:TOMZ opened at $0.75 on Thursday. TOMI Environmental Solutions has a 12 month low of $0.52 and a 12 month high of $1.16. The company’s 50-day moving average price is $0.80 and its two-hundred day moving average price is $0.81. The company has a quick ratio of 2.06, a current ratio of 4.13 and a debt-to-equity ratio of 0.32. The firm has a market cap of $14.91 million, a P/E ratio of -5.73 and a beta of 1.27.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “buy” rating and set a $3.50 price objective 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.