Tomra Systems ASA (OTCMKTS:TMRAY) Sees Large Drop in Short Interest

Tomra Systems ASA (OTCMKTS:TMRAY) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a decline of 90.0% from the June 30th total of 1,000 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is currently 0.1 days.

Tomra Systems ASA Price Performance

TMRAY stock traded up $0.91 during mid-day trading on Friday, reaching $15.81. 1,415 shares of the company traded hands, compared to its average volume of 1,828. Tomra Systems ASA has a fifty-two week low of $7.32 and a fifty-two week high of $16.72. The firm’s 50 day moving average price is $13.03 and its 200 day moving average price is $12.88.

Tomra Systems ASA Company Profile

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems.