TSS, Inc. (OTCMKTS:TSSI) Short Interest Up 30.5% in October

TSS, Inc. (OTCMKTS:TSSI) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 208,400 shares, an increase 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 Stock Performance

Shares of TSSI stock opened at $11.98 on Friday. The firm’s 50 day moving average price is $6.85 and its 200-day moving average price is $4.01. TSS has a one year low of $0.24 and a one year high of $12.99. The firm has a market cap of $290.75 million, a P/E ratio of 125.72 and a beta of 0.91.

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

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.