TeamViewer SE (OTCMKTS:TMVWY) Short Interest Update

TeamViewer SE (OTCMKTS:TMVWY) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 619 shares, a drop of 59.2% from the June 30th total of 1,519 shares. Based on an average daily volume of 1,256 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research raised TeamViewer to a “hold” rating in a report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

TeamViewer Stock Performance

Shares of TeamViewer stock opened at $3.11 on Tuesday. TeamViewer has a 1 year low of $2.40 and a 1 year high of $5.82. The business has a 50 day moving average price of $3.14 and a 200 day moving average price of $2.98.

TeamViewer Company Profile

TeamViewer AG operates a global remote connectivity platform that enables secure access, support, control and collaboration across devices and locations. Its cloud-based software solutions allow businesses and individuals to remotely troubleshoot IT issues, manage devices, conduct online meetings and share files in real time. The platform’s modular architecture supports integrations with leading IT service management tools and provides an open API for custom workflows, making it a versatile choice for digital service delivery.

Founded in 2005 and headquartered in Göppingen, Germany, TeamViewer has expanded its footprint to serve customers in more than 180 countries.