TSS, Inc. (OTCMKTS:TSSI) Sees Large Increase in Short Interest

TSS, Inc. (OTCMKTS:TSSI) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 208,400 shares, a growth of 30.5% from the October 15th total of 159,700 shares. Based on an average daily trading volume, of 500,300 shares, the short-interest ratio is currently 0.4 days.

TSS Price Performance

OTCMKTS:TSSI traded down $2.92 during trading hours on Friday, reaching $9.06. 4,773,385 shares of the company traded hands, compared to its average volume of 231,429. The firm’s 50-day moving average is $6.93 and its 200-day moving average is $4.09. TSS has a 1-year low of $0.24 and a 1-year high of $12.99. The stock has a market cap of $219.89 million, a P/E ratio of 100.68 and a beta of 0.91.

TSS (OTCMKTS:TSSI) last issued its quarterly earnings results on Wednesday, August 14th. The construction company reported $0.06 EPS for the quarter. The business had revenue of $12.16 million for the quarter. TSS had a net margin of 3.20% and a return on equity of 50.76%.

About TSS

TSS, Inc provides integration technology services to implement, operate, and maintain information technology systems to enterprises and users in the United States. The company operates in two segments, Facilities and Systems Integration. It offers a single source solution for enabling technologies in data centers, operations centers, network facilities, server rooms, security operations centers, communications facilities, and the infrastructure systems.