Short Interest in Tosoh (OTCMKTS:TOSCF) Declines By 37.6%

Tosoh (OTCMKTS:TOSCFGet Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 458,190 shares, a decrease of 37.6% from the July 30th total of 733,790 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Tosoh Stock Performance

Shares of TOSCF opened at $16.00 on Tuesday. Tosoh has a 1-year low of $16.00 and a 1-year high of $17.25. The company has a 50-day moving average of $16.00 and a 200 day moving average of $16.41. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 14.16 and a beta of 0.19. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.25 and a quick ratio of 1.56.

Tosoh (OTCMKTS:TOSCFGet Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.42 EPS for the quarter. The business had revenue of $1.72 billion for the quarter. Tosoh had a net margin of 5.12% and a return on equity of 8.10%.

About Tosoh

(Get Free Report)

Tosoh Corporation, founded in 1935 and headquartered in Tokyo, Japan, is a diversified chemical company known for its production of basic and specialty chemicals. Originally established as Toyo Soda Manufacturing Co, Ltd., the company adopted the Tosoh name in 1987 to reflect its growing range of operations. Over the decades, Tosoh has expanded its footprint through a combination of research-driven product development and strategic international partnerships.

The company’s portfolio is organized around core business segments that include chlor-alkali and derivatives, specialty plastics and polymer materials, advanced ceramics, electronic materials, and life science products.

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