TOR Minerals International Inc (OTCMKTS:TORM) Shares Shorted: Short Interest Up 108.3% in September

TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,725 shares, an increase of 108.3% from the September 15th total of 828 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 8,481 shares, the short-interest ratio is presently 0.2 days.

TOR Minerals International Stock Performance

OTCMKTS TORM opened at $2.11 on Wednesday. The business has a 50 day moving average price of $2.32 and a 200 day moving average price of $2.03. The company has a market capitalization of $7.48 million, a P/E ratio of -211.16 and a beta of 0.22. TOR Minerals International has a 1-year low of $0.77 and a 1-year high of $2.70. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.94 and a quick ratio of 2.40.

TOR Minerals International (OTCMKTS:TORM – Get Free Report) last posted its earnings results on Friday, July 31st. The specialty chemicals company reported $0.03 EPS for the quarter. The company had revenue of $6.49 million for the quarter. TOR Minerals International had a negative return on equity of 5.24% and a negative net margin of 2.53%.

TOR Minerals International Company Profile

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TOR Minerals International, Inc was a specialty minerals company headquartered in Corpus Christi, Texas. The company developed, manufactured and marketed mineral-based products used as performance additives, extenders and pigments in industrial applications.

Its product portfolio historically included titanium dioxide extenders and other specialty mineral products designed for use in coatings, plastics, rubber, paper, adhesives and related formulations. These materials were intended to provide properties such as opacity, whiteness, durability and cost efficiency, depending on the application.

TOR Minerals served customers in the United States and international markets, with operations and distribution activities that included North America and Europe.

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