TMSR Holding Company Ltd (NASDAQ:TMSR) Short Interest Down 40.3% in July
TMSR Holding Company Ltd (NASDAQ:TMSR) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totalling 8,000 shares, a drop of 40.3% from the June 15th total of 13,400 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 12,800 shares, the days-to-cover ratio is currently 0.6 days.
Shares of TMSR stock traded up $0.10 during trading on Friday, reaching $1.38. The company’s stock had a trading volume of 8,182 shares, compared to its average volume of 3,529. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.74 and a quick ratio of 0.60. TMSR has a 1-year low of $1.12 and a 1-year high of $10.32. The company has a 50-day moving average price of $1.48.
TMSR (NASDAQ:TMSR) last posted its quarterly earnings data on Tuesday, May 14th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $7.27 million during the quarter. TMSR had a negative return on equity of 0.67% and a negative net margin of 0.89%.
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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