Short Interest in Tosoh (OTCMKTS:TOSCF) Increases By 514.7%

Tosoh (OTCMKTS:TOSCF) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 733,790 shares, a growth of 514.7% from the July 15th total of 119,369 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 617 shares, the days-to-cover ratio is currently 1,189.3 days.

Tosoh Price Performance

Tosoh stock opened at $16.00 on Wednesday. The firm has a market capitalization of $5.10 billion, a P/E ratio of 14.16 and a beta of 0.19. Tosoh has a one year low of $16.00 and a one year high of $17.25. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.25 and a quick ratio of 1.56. The business has a fifty day moving average price of $16.00 and a 200-day moving average price of $16.41.

Tosoh (OTCMKTS:TOSCF) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.42 EPS for the quarter. The company had revenue of $1.72 billion during the quarter. Tosoh had a net margin of 5.12% and a return on equity of 8.10%.

About Tosoh

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.