Stocks

Tosoh Co. (OTCMKTS:TOSCF) Short Interest Update

Published December 29, 2024

Tosoh Co. (OTCMKTS:TOSCF) experienced a notable reduction in short interest during December. As of December 15th, the short interest stood at 95,600 shares, which represents a significant decline of 28.6% from the 133,800 shares reported on November 30th. Given the average daily trading volume of 100 shares, this results in a current short-interest ratio of 956.0 days.

Tosoh Price Performance

On the OTC market, Tosoh Co.'s stock price remained unchanged at $12.90 during mid-day trading on Friday. The company's 50-day simple moving average is $12.58, while the 200-day simple moving average is $12.80. Financially, Tosoh boasts a debt-to-equity ratio of 0.05, a quick ratio of 1.42, and a current ratio of 2.12. The stock has reached a one-year low and high of $12.90.

Tosoh Company Overview

Tosoh Corporation is a global manufacturer that produces various chemicals, including basic chemicals, petrochemicals, specialty products, and fine chemicals. The company operates through four primary segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. Tosoh provides advanced materials for various applications, such as battery manufacturing, quartzware production, silica glass, thin film depositions, zeolites for catalysts, zirconia components, and media for grinding and dispersion.

Investment Considerations

Before making any investment decisions related to Tosoh, it's important to consider overall market insights. As reported recently, Tosoh has received a "Hold" rating from analysts, suggesting a cautious approach. Investors might also want to explore stocks that top analysts are currently recommending, which may offer better opportunities than Tosoh at this time.

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Tosoh, Stocks, ShortInterest