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

TomTom (OTCMKTS:TMOAY) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 1 shares, a decrease of 100.0% from the April 30th total of 3,601 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

TomTom Stock Performance

OTCMKTS TMOAY opened at $2.70 on Thursday. TomTom has a 1 year low of $2.43 and a 1 year high of $3.88. The company has a fifty day moving average price of $2.66 and a 200-day moving average price of $2.98.

TomTom Company Profile

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.