TOR Minerals International Inc (OTCMKTS:TORM) Sees Large Decline in Short Interest

TOR Minerals International Inc (OTCMKTS:TORM) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 602 shares, a decline of 86.3% from the October 15th total of 4,387 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,369 shares, the short-interest ratio is currently 0.3 days.

TOR Minerals International Stock Up 4.1%

Shares of OTCMKTS:TORM opened at $2.03 on Thursday. The business’s 50 day moving average is $2.23 and its 200 day moving average is $1.90. The stock has a market cap of $7.19 million, a P/E ratio of -101.50 and a beta of 0.08. TOR Minerals International has a 52-week low of $0.77 and a 52-week 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 2.52% and a negative return on equity of 5.28%. The firm had revenue of $5.54 million for the quarter.

TOR Minerals International Company Profile

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.