Tosoh (OTCMKTS:TOSCF) Sees Significant Decrease in Short Interest

Tosoh (OTCMKTS:TOSCF) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 189,119 shares, a decline of 50.5% from the August 31st total of 382,019 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Tosoh Stock Performance

Shares of TOSCF stock remained flat at $16.00 during mid-day trading on Tuesday. Tosoh has a 52-week low of $16.00 and a 52-week high of $17.25. The firm has a market cap of $5.10 billion, a PE ratio of 14.16 and a beta of 0.19. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.48 and a current ratio of 2.13. The company has a fifty day moving average price of $16.00 and a 200-day moving average price of $16.33.

Tosoh (OTCMKTS:TOSCF) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.42 earnings per share (EPS) for the quarter. Tosoh had a net margin of 5.12% and a return on equity of 8.13%. The firm had revenue of $1.72 billion for the quarter.

Tosoh Company Profile

Tosoh Corporation is a Japan-based chemical company that develops and manufactures basic chemicals, petrochemical products, specialty materials and life science products. Its business serves a range of industries, including construction, automotive, electronics, healthcare, pharmaceuticals and environmental services.

The company’s basic chemicals operations include chlor-alkali products such as caustic soda and chlorine, as well as vinyl chloride monomer and polyvinyl chloride-related materials.