TeamViewer AG (OTCMKTS:TMVWY) Short Interest Up 40,000.0% in February

TeamViewer AG (OTCMKTS:TMVWY – Get Rating) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 40,100 shares, a growth of 40,000.0% from the January 31st total of 100 shares. Based on an average daily volume of 51,800 shares, the days-to-cover ratio is currently 0.8 days.

TeamViewer Trading Up 0.2 %

Shares of OTCMKTS TMVWY opened at $8.05 on Wednesday. TeamViewer has a 12-month low of $3.75 and a 12-month high of $8.24. The stock has a 50 day simple moving average of $7.17 and a 200-day simple moving average of $5.85.

Analyst Ratings Changes

TMVWY has been the subject of several analyst reports. JPMorgan Chase & Co. cut TeamViewer from a “neutral” rating to an “underweight” rating in a research note on Wednesday, February 1st. Barclays raised TeamViewer from an “equal weight” rating to an “overweight” rating in a research note on Monday, November 21st. Finally, Morgan Stanley raised their price objective on TeamViewer from €12.00 ($12.77) to €12.50 ($13.30) and gave the company an “underweight” rating in a research note on Thursday, January 12th.

TeamViewer Company Profile

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TeamViewer AG, together with its subsidiaries, develops and distributes remote connectivity solutions worldwide. The company offers TeamViewer, a remote access, remote control, and remote support solution that works with every desktop and mobile platform; TeamViewer Tensor, an enterprise remote connectivity cloud platform enabling organizations to deploy a large-scale IT management framework to access, support, and control any device or machine from anywhere at anytime; TeamViewer Assist AR, a remote support solution with augmented reality; and TeamViewer IoT, which enables to instantly access, control, and manage connected products from anywhere.