TMSR Holding Company Ltd (NASDAQ:TMSR) Sees Significant Increase in Short Interest
TMSR Holding Company Ltd (NASDAQ:TMSR) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 7,300 shares, a growth of 21.7% from the August 30th total of 6,000 shares. Based on an average trading volume of 19,100 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.
Shares of TMSR stock traded up $0.05 during mid-day trading on Monday, reaching $0.86. 25,000 shares of the stock traded hands, compared to its average volume of 115,209. The business has a 50-day moving average of $0.92 and a 200 day moving average of $1.40. TMSR has a fifty-two week low of $0.66 and a fifty-two week high of $9.47. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.05 and a quick ratio of 0.95.
TMSR (NASDAQ:TMSR) last announced its earnings results on Wednesday, August 14th. The company reported $0.06 EPS for the quarter. TMSR had a negative return on equity of 2.69% and a negative net margin of 2.61%. The business had revenue of $12.79 million during the quarter.
TMSR Holding Company Limited, together with its subsidiaries, focuses on the research, development, production, and sale of solid waste recycling systems for the mining and industrial sectors in the People's Republic of China. It is also involved in the iron ore trading, wine import and resale, and Agarwood wine trading businesses; and provision of ship exchange consulting services.
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