TomTom (OTCMKTS:TMOAY) Short Interest Update

TomTom (OTCMKTS:TMOAYGet Free Report) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 3,601 shares, a decrease of 87.9% from the April 15th total of 29,738 shares. Based on an average daily volume of 2,128 shares, the short-interest ratio is presently 1.7 days.

TomTom Price Performance

Shares of TMOAY opened at $2.70 on Thursday. The company’s 50-day simple moving average is $2.70 and its 200-day simple moving average is $3.00. TomTom has a 1 year low of $2.43 and a 1 year high of $3.88.

About TomTom

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TomTom N.V. (OTCMKTS:TMOAY) is a Dutch multinational specializing in location technology and mapping products. The company develops and licenses digital maps, real-time traffic information, and navigational services for automotive, enterprise and consumer markets. Its offerings span embedded in-car navigation systems, telematics solutions for fleet management, location-based services through APIs and mobile SDKs, as well as standalone GPS devices and wearable sports watches.

Since its founding in 1991 by entrepreneurs Peter-Frans Pauwels, Pieter Geelen, Harold Goddijn and Corinne Vigreux, TomTom has grown from a GPS device manufacturer into a global provider of map content and services.

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