TomTom (OTCMKTS:TMOAY) Short Interest Update

TomTom (OTCMKTS:TMOAY) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 44,500 shares, a growth of 7,316.7% from the December 31st total of 600 shares. Based on an average daily trading volume, of 32,700 shares, the days-to-cover ratio is presently 1.4 days.

TomTom Price Performance

OTCMKTS TMOAY opened at $2.74 on Wednesday. The business has a fifty day simple moving average of $2.76 and a 200 day simple moving average of $2.72. TomTom has a 12 month low of $2.48 and a 12 month high of $4.12.

About TomTom

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.