Tosoh Co. Experiences Significant Rise in Short Interest

Tosoh Co. (OTCMKTS:TOSCF) has witnessed a substantial increase in short interest for the month of February. As of February 15th, the total number of shares sold short reached 157,600, marking a remarkable rise of 78.7% from the January 31st figure of 88,200 shares. Given the average daily trading volume of 0 shares, the days-to-cover ratio is currently infinite, indicating that it would take an unspecified amount of time to cover these short positions.

Tosoh Price Performance

The shares of Tosoh (OTCMKTS:TOSCF) opened at $13.55 on the last trading day. The company's 50-day simple moving average stands at $13.42, while the 200-day simple moving average is at $12.84. Tosoh has a market capitalization of $4.31 billion and a price-to-earnings ratio of 10.11, with a relatively low beta of 0.15. The company's financial ratios show a quick ratio of 1.43 and a current ratio of 2.09, indicating a solid liquidity position. Additionally, Tosoh has a very low debt-to-equity ratio of 0.04. Over the past year, the stock has recorded a low of $12.90 and a high of $13.55.

Tosoh recently released its quarterly earnings results on February 6th. The company reported earnings per share (EPS) of $0.49 for the quarter, reflecting a net margin of 6.10% and a return on equity of 7.39%. These figures suggest that the company is maintaining decent profitability and efficiency in its operations.

About Tosoh

Tosoh Corporation is a global manufacturer and supplier of basic chemicals, petrochemicals, specialty products, and fine chemicals. The company operates through four key segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. Tosoh also offers advanced materials which include battery components, fabricated quartzware, silica glass products, thin film depositions, zeolites for catalysts, and molecular sieves. Additionally, the company manufactures zirconia injection mold components, compounds, grinding media, and fine powders, highlighting its diverse product portfolio.

Additional Insight

Investors looking at Tosoh may want to consider broader market trends and analyst recommendations. Monitoring stocks that are regarded as better opportunities compared to Tosoh may also be prudent as investment strategies evolve.

Tosoh, Stocks, ShortInterest