Tosoh Co. (OTCMKTS:TOSCF) Sees Significant Drop in Short Interest

Tosoh Co. (OTCMKTS:TOSCF) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 88,200 shares, a decrease of 18.3% from the January 15th total of 107,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 882.0 days.

Tosoh Stock Performance

TOSCF opened at $13.55 on Friday. The firm’s fifty day moving average is $13.29 and its two-hundred day moving average is $12.80. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.43 and a current ratio of 2.14. The firm has a market cap of $4.31 billion, a PE ratio of 11.68 and a beta of 0.15. Tosoh has a twelve month low of $12.90 and a twelve month high of $13.55.

Tosoh (OTCMKTS:TOSCF) last posted its earnings results on Thursday, February 6th. The company reported $0.49 earnings per share for the quarter. Tosoh had a net margin of 5.29% and a return on equity of 6.49%.

Tosoh Company Profile

Tosoh Corporation manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals worldwide. It operates through four segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. The company provides advance materials, including battery, fabricated quartzware, silica glass, thin film depositions, zeolites for catalysts and molecular sieves, zirconia injection mold components and compounds, zirconia grinding and dispersion media, and zirconia fine beads and powders.