TeamViewer SE (OTCMKTS:TMVWY) Sees Significant Growth in Short Interest

TeamViewer SE (OTCMKTS:TMVWY) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 2,400 shares, an increase of 1,100.0% from the December 31st total of 200 shares. Based on an average daily volume of 15,200 shares, the days-to-cover ratio is presently 0.2 days.

TeamViewer Stock Performance

Shares of TeamViewer stock traded up $0.14 on Wednesday, reaching $6.01. 18,180 shares of the stock were exchanged, compared to its average volume of 4,784. The firm’s 50 day moving average is $5.48 and its 200-day moving average is $6.12. TeamViewer has a one year low of $4.73 and a one year high of $8.00.

TeamViewer Company Profile

TeamViewer SE, together with its subsidiaries, develops and distributes remote connectivity solutions worldwide. The company offers TeamViewer remote, a remote access, remote control, and remote support solution; TeamViewer Tensor, an enterprise cloud-based remote connectivity solution for scale, productivity, and security; TeamViewer Frontline, an enterprise augmented reality solution productivity platform; endpoint security for remote devices; TeamViewer Remote Management that manages, monitors, tracks, patches, and protects computers, devices, and software from a single platform; TeamViewer Mobile Device Management, which enables the onboarding, roll-out, management, and troubleshooting of mobile devices; and Tensor Embedded for after-sales support of connected equipment.