Short Interest in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Declines By 64.3%

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

Wall Street Analyst Weigh In

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

TOMI Environmental Solutions Stock Performance

Shares of TOMZ stock traded up $0.01 during mid-day trading on Wednesday, reaching $0.75. The company’s stock had a trading volume of 5,588 shares, compared to its average volume of 43,293. The firm’s 50-day moving average is $0.80 and its two-hundred day moving average is $0.82. TOMI Environmental Solutions has a 1-year low of $0.52 and a 1-year high of $1.16. The company has a current ratio of 4.13, a quick ratio of 2.06 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC grew its stake in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,000 shares of the company’s stock after purchasing an additional 30,000 shares during the period. Dynamic Advisor Solutions LLC owned approximately 0.25% of TOMI Environmental Solutions worth $40,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 4.77% of the company’s stock.

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.