TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Sees Significant Decrease in Short Interest

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 2,800 shares, a decrease of 46.2% from the November 30th total of 5,200 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 102,600 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC grew its holdings in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% during the 3rd quarter, according to 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 at the end of the most recent reporting period. 4.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

TOMI Environmental Solutions Stock Performance

NASDAQ:TOMZ opened at $0.99 on Friday. The firm has a market cap of $19.82 million, a price-to-earnings ratio of -7.62 and a beta of 1.20. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.13 and a quick ratio of 2.06. TOMI Environmental Solutions has a 1-year low of $0.52 and a 1-year high of $1.16. The firm’s fifty day moving average price is $0.79 and its 200 day moving average price is $0.81.

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.