TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Down 46.7% in June

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 66,952 shares, a decrease of 46.7% from the June 15th total of 125,598 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 288,557 shares, the short-interest ratio is currently 0.2 days.

TOMI Environmental Solutions Stock Up 0.8%

TOMZ opened at $0.69 on Friday. The firm’s 50 day simple moving average is $0.82 and its two-hundred day simple moving average is $0.73. The company has a market capitalization of $15.96 million, a PE ratio of -3.27 and a beta of 1.88. TOMI Environmental Solutions has a 1-year low of $0.50 and a 1-year high of $1.20. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 4.95.

TOMI Environmental Solutions (NASDAQ:TOMZ) last announced its quarterly earnings data on Friday, May 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.04). The company had revenue of $1.65 million during the quarter, compared to the consensus estimate of $1.69 million. TOMI Environmental Solutions had a negative return on equity of 315.96% and a negative net margin of 75.34%. As a group, equities analysts forecast that TOMI Environmental Solutions will post -0.16 EPS for the current year.

Hedge Funds Weigh In On TOMI Environmental Solutions

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Susquehanna International Group LLP increased its stake in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 101,280 shares of the company’s stock after buying an additional 30,361 shares during the quarter. Susquehanna International Group LLP owned about 0.50% of TOMI Environmental Solutions worth $104,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 4.77% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TOMI Environmental Solutions in a report on Friday, May 29th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

TOMI Environmental Solutions Company Profile

TOMI Environmental Solutions, Inc is a provider of infection prevention and control technologies, specializing in advanced decontamination and disinfection solutions. The company develops and manufactures a range of proprietary products, including electrostatic sprayers, thermal foggers, vaporized hydrogen peroxide systems and mobile decontamination chambers. These technologies are designed to deliver broad-spectrum pathogen kill and odor elimination in both occupied and unoccupied spaces.

In addition to its equipment offerings, TOMI provides chemical disinfectants and surface coatings formulated to meet regulatory standards for hospital‐grade efficacy.