Short Interest in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Expands By 37.6%

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 34,400 shares, an increase of 37.6% from the August 31st total of 25,000 shares. Based on an average daily volume of 56,400 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $3.50 price objective on shares of TOMI Environmental Solutions in a report on Friday, August 2nd.

TOMI Environmental Solutions Stock Performance

NASDAQ:TOMZ traded down $0.04 during mid-day trading on Friday, reaching $0.79. 22,402 shares of the company’s stock were exchanged, compared to its average volume of 47,925. TOMI Environmental Solutions has a one year low of $0.52 and a one year high of $1.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.06 and a current ratio of 3.84. The business’s fifty day simple moving average is $0.79 and its two-hundred day simple moving average is $0.77. The firm has a market capitalization of $15.73 million, a PE ratio of -4.58 and a beta of 1.31.

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.