TomTom (OTCMKTS:TMOAF) Sees Large Drop in Short Interest

TomTom (OTCMKTS:TMOAF) was the recipient of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 242,300 shares, a drop of 15.3% from the January 31st total of 286,200 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 807.7 days.

TomTom Price Performance

Shares of TMOAF opened at $4.09 on Wednesday. TomTom has a twelve month low of $4.09 and a twelve month high of $7.99. The firm’s 50 day moving average price is $5.07 and its two-hundred day moving average price is $5.34.

TomTom (OTCMKTS:TMOAF) last posted its earnings results on Tuesday, February 4th. The company reported ($0.05) EPS for the quarter.

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.