TomTom (OTCMKTS:TMOAY) Sees Significant Decline in Short Interest

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

TomTom Stock Performance

Shares of TMOAY remained flat at $2.64 during mid-day trading on Monday. TomTom has a 12-month low of $2.50 and a 12-month high of $4.12. The company’s 50-day simple moving average is $2.64 and its 200 day simple moving average is $3.12.

TomTom Company Profile

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.