TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Down 45.0% in January

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 119,400 shares, a decrease of 45.0% from the December 31st total of 217,200 shares. Based on an average daily trading volume, of 134,100 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.9% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reaffirmed a “buy” rating and set a $3.50 target price on shares of TOMI Environmental Solutions in a report on Thursday, October 31st.

Institutional Trading of TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC raised its stake in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 50,000 shares of the company’s stock after buying an additional 30,000 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.25% of TOMI Environmental Solutions worth $40,000 as of its most recent SEC filing. Institutional investors and hedge funds own 4.77% of the company’s stock.

TOMI Environmental Solutions Stock Down 3.2 %

Shares of NASDAQ:TOMZ traded down $0.03 on Friday, reaching $0.95. 19,207 shares of the company’s stock were exchanged, compared to its average volume of 87,701. 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 business’s 50-day moving average is $0.90 and its two-hundred day moving average is $0.83. TOMI Environmental Solutions has a fifty-two week low of $0.52 and a fifty-two week high of $1.50.

About TOMI Environmental Solutions

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.