Short Interest in Tosoh (OTCMKTS:TOSCF) Decreases By 81.7%

Tosoh (OTCMKTS:TOSCF) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 109,124 shares, a decline of 81.7% from the June 15th total of 596,225 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 3 shares, the days-to-cover ratio is presently 36,374.7 days.

Tosoh Price Performance

Shares of TOSCF stock remained flat at $16.00 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.56 and a current ratio of 2.25. The stock has a market capitalization of $5.10 billion, a price-to-earnings ratio of 18.39 and a beta of 0.19. The business has a 50-day moving average of $16.22 and a 200 day moving average of $16.40. Tosoh has a 1 year low of $16.00 and a 1 year high of $17.25.

Tosoh (OTCMKTS:TOSCF) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.34 earnings per share for the quarter. Tosoh had a net margin of 4.01% and a return on equity of 6.64%. The business had revenue of $1.68 billion for the quarter.

Tosoh Company Profile

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.