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

TomTom (OTCMKTS:TMOAY) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 1,200 shares, a decline of 36.8% from the June 30th total of 1,900 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 1.3 days.

TomTom Price Performance

Shares of TMOAY remained flat at $2.67 during mid-day trading on Friday. TomTom has a 52 week low of $2.51 and a 52 week high of $4.30. The company has a 50-day moving average price of $2.94 and a 200 day moving average price of $3.38.

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.