TomTom (OTCMKTS:TMOAF) Sees Significant Growth in Short Interest

TomTom (OTCMKTS:TMOAF – Get Rating) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 410,500 shares, a growth of 16.5% from the January 31st total of 352,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 4,105.0 days.

TomTom Stock Performance

Shares of TMOAF stock opened at $6.83 on Friday. The stock’s 50-day moving average price is $6.82 and its 200 day moving average price is $7.40. TomTom has a 52-week low of $6.30 and a 52-week high of $10.60.

TomTom Company Profile

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TomTom NV is engaged in the developing of location technology including maps, navigation software, real-time traffic information, and other services. It operates through the following segments: Location Technology and Consumer. The Location Technology segment is involved in the developing and selling of location based application components, such as maps, services and navigation software to customers in different market segments.