What’s Ahead for TOR MINERALS INTL INC COMMON SHARES (OTCMKTS:TORM) After More Shorted Shares?

October 13, 2018 - By Hugh Holland

TOR Minerals International, Inc. (OTCMKTS:TORM) Logo

The stock of TOR MINERALS INTL INC COMMON SHARES (OTCMKTS:TORM) registered an increase of 100% in short interest. TORM’s total short interest was 400 shares in October as published by FINRA. Its up 100% from 200 shares, reported previously. With 1,000 shares average volume, it will take short sellers 0 days to cover their TORM’s short positions.

It closed at $3.2 lastly. It is down 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

TOR Minerals International, Inc. produces and sells specialty mineral products. The company has market cap of $11.33 million. The Company’s specialty mineral products include flame retardant and smoke suppressant fillers, engineered fillers, and titanium dioxide color hybrid pigments for use in plastics, coatings, paints, and catalysts applications, as well as in other industrial applications. It currently has negative earnings. The firm primarily offers ALUPREM products for use in wire and cable, catalysts, high-tech polishing, and coatings and pigments; and sheet molding compound (SMC), bulk molding compound (BMC), pultrusion, and other thermoset composite applications, as well as color critical applications.

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