TomTom (OTCMKTS:TMOAY) Sees Large Decrease in Short Interest

TomTom (OTCMKTS:TMOAY) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 50.0% from the February 13th total of 200 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 0.1 days.

TomTom Stock Performance

TomTom stock opened at $2.58 on Friday. TomTom has a one year low of $2.03 and a one year high of $4.01. The business has a 50 day simple moving average of $2.57 and a 200 day simple moving average of $2.67.

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.