Short Interest in TomTom (OTCMKTS:TMOAY) Drops By 77.8%

TomTom (OTCMKTS:TMOAYGet Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 1,800 shares, a drop of 77.8% from the May 31st total of 8,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 18.0 days.

TomTom Price Performance

Shares of TMOAY stock opened at $2.79 on Friday. The stock has a fifty day moving average price of $3.07 and a 200 day moving average price of $3.49. TomTom has a 1 year low of $2.73 and a 1 year high of $4.30.

TomTom Company Profile

(Get Free Report)

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.

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