Stocks

Tosoh Co. Short Interest Decline in December

Published December 28, 2024

Tosoh Co. (OTCMKTS:TOSCF - Get Free Report) experienced a notable reduction in short interest for the month of December. By December 15th, the total short interest stood at 95,600 shares, reflecting a decrease of 28.6% from the 133,800 shares recorded at the end of November. Given an average daily trading volume of 100 shares, the current short-interest ratio is calculated at 956.0 days.

Tosoh's Stock Performance

On Friday, during mid-day trading, the stock price for Tosoh (OTCMKTS:TOSCF) remained steady at $12.90. The company has a 50-day simple moving average of $12.58 and a 200-day simple moving average of $12.80. Financially, Tosoh demonstrates a debt-to-equity ratio of 0.05, along with a quick ratio of 1.42 and a current ratio of 2.12. Its stock has shown stability, with a one-year low and high both at $12.90.

About Tosoh Corporation

Tosoh Corporation is involved in the manufacturing and sale of essential chemicals, petrochemicals, specialized products, and fine chemicals across the globe. The company operates through four business segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. In addition to these segments, Tosoh provides advanced materials that include components for batteries, fabricated quartzware, silica glass, zeolites utilized in catalysts and molecular sieves, as well as zirconia injection mold components, grinding and dispersion media, and fine beads and powders.

Tosoh, Stocks, Interest