TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Up 126.1% in April

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 10,400 shares, a growth of 126.1% from the March 31st total of 4,600 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 19,600 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TOMI Environmental Solutions stock. Choreo LLC bought a new position in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 48,751 shares of the company’s stock, valued at approximately $49,000. Choreo LLC owned about 0.24% of TOMI Environmental Solutions as of its most recent SEC filing. Hedge funds and other institutional investors own 4.77% of the company’s stock.

TOMI Environmental Solutions Price Performance

Shares of TOMZ remained flat at $0.61 during trading hours on Friday. The stock had a trading volume of 33,989 shares, compared to its average volume of 18,793. TOMI Environmental Solutions has a one year low of $0.46 and a one year high of $1.39. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.59 and a current ratio of 4.84. The stock has a 50 day moving average price of $0.69 and a 200-day moving average price of $0.85.

TOMI Environmental Solutions (NASDAQ:TOMZ) last announced its earnings results on Monday, April 1st. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.05). The company had revenue of $1.53 million for the quarter, compared to the consensus estimate of $2.86 million. TOMI Environmental Solutions had a negative return on equity of 35.18% and a negative net margin of 46.28%. As a group, sell-side analysts anticipate that TOMI Environmental Solutions will post 0.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and issued a $3.50 price target on shares of TOMI Environmental Solutions in a research note on Wednesday, April 3rd.

TOMI Environmental Solutions Company Profile

TOMI Environmental Solutions, Inc, a bacteria decontamination and infectious disease control company, provides environmental solutions for indoor surface decontamination in the United States and internationally. Its products and services include SteraMist Surface Unit, a portable, handheld, point and spray disinfection/decontamination system intended to provide quick turnover of any affected space; SteraMist Environment System, a transportable, remotely controlled system that offers complete room disinfection/decontamination of a sealed space; and The SteraMist Hospital Disinfection Cart, a solution to aid its hospital-healthcare customers in providing the quality of care and safety to their patients by disinfecting patient and operating rooms, pharmacies, ambulances, and emergency environments in a hospital or healthcare facility.