TOR Minerals International Inc (OTCMKTS:TORM) Shares Shorted: Short Interest Up 108.3% in September

TOR Minerals International Inc (OTCMKTS:TORM) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 1,725 shares, a growth of 108.3% from the September 15th total of 828 shares. Based on an average trading volume of 8,481 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

TOR Minerals International Stock Performance

Shares of TORM opened at $2.11 on Wednesday. TOR Minerals International has a 12-month low of $0.77 and a 12-month high of $2.70. The stock has a market cap of $7.48 million, a P/E ratio of -211.16 and a beta of 0.22. The company has a current ratio of 4.94, a quick ratio of 2.40 and a debt-to-equity ratio of 0.05. The company has a 50-day moving average of $2.32 and a two-hundred day moving average of $2.03.

TOR Minerals International (OTCMKTS:TORM) last released its quarterly earnings results on Friday, July 31st. The specialty chemicals company reported $0.03 EPS for the quarter. The business had revenue of $6.49 million for the quarter. TOR Minerals International had a negative net margin of 2.53% and a negative return on equity of 5.24%.

TOR Minerals International Company Profile

TOR Minerals International, Inc was a specialty minerals company headquartered in Corpus Christi, Texas. The company developed, manufactured and marketed mineral-based products used as performance additives, extenders and pigments in industrial applications.

Its product portfolio historically included titanium dioxide extenders and other specialty mineral products designed for use in coatings, plastics, rubber, paper, adhesives and related formulations. These materials were intended to provide properties such as opacity, whiteness, durability and cost efficiency, depending on the application.

TOR Minerals served customers in the United States and international markets, with operations and distribution activities that included North America and Europe.