TomTom (OTCMKTS:TMOAY) Short Interest Update

TomTom (OTCMKTS:TMOAY) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 3,600 shares, a drop of 30.8% from the August 15th total of 5,200 shares. Based on an average trading volume of 3,100 shares, the short-interest ratio is presently 1.2 days.

TomTom Price Performance

Shares of TomTom stock opened at $2.64 on Friday. The firm’s fifty day simple moving average is $2.64 and its 200-day simple moving average is $3.12. TomTom has a 12 month low of $2.50 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.