TOR Minerals International Inc (OTCMKTS:TORM) Sees Significant Increase in Short Interest

TOR Minerals International Inc (OTCMKTS:TORM) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 4,387 shares, a growth of 154.3% from the September 30th total of 1,725 shares. Based on an average trading volume of 3,776 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.2% of the shares of the company are short sold.

TOR Minerals International Stock Performance

TOR Minerals International stock opened at $2.30 on Friday. The business has a 50 day moving average price of $2.27 and a two-hundred day moving average price of $1.86. The stock has a market cap of $8.15 million, a price-to-earnings ratio of -230.00 and a beta of 0.21. TOR Minerals International has a 12 month low of $0.77 and a 12 month high of $2.70. The company has a quick ratio of 2.40, a current ratio of 4.94 and a debt-to-equity ratio of 0.05.

TOR Minerals International (OTCMKTS:TORM) last issued its earnings results on Friday, October 30th. The specialty chemicals company reported ($0.09) earnings per share for the quarter. TOR Minerals International had a negative net margin of 2.53% and a negative return on equity of 5.24%.

About TOR Minerals International

TOR Minerals International, Inc is a specialty minerals company that develops, manufactures and markets performance-enhancing mineral products for industrial applications. Its product portfolio has included titanium dioxide-based pigments, specialty alumina products and other engineered mineral additives used in coatings, plastics, rubber, adhesives and related formulations.

The company has been associated with HITOX, a high-performance titanium dioxide pigment, as well as products designed to improve whiteness, opacity, durability and other physical characteristics in finished goods.