Tomra Systems ASA (OTCMKTS:TMRAY – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 8,134 shares, a decline of 39.3% from the September 15th total of 13,406 shares. Based on an average daily volume of 32,839 shares, the short-interest ratio is presently 0.2 days.
Tomra Systems ASA Price Performance
Shares of OTCMKTS:TMRAY opened at $9.46 on Friday. The company’s 50-day moving average is $10.55 and its 200 day moving average is $10.67. Tomra Systems ASA has a fifty-two week low of $9.08 and a fifty-two week high of $14.18.
About Tomra Systems ASA
Tomra Systems ASA is a Norway-based technology company that develops solutions for resource recovery and the circular economy. Its businesses focus on collection, sorting, and processing technologies designed to help recover valuable materials, reduce waste, and improve the efficiency of resource use.
The company’s TOMRA Collection business provides reverse-vending machines and related systems for collecting used beverage containers. Its TOMRA Recycling operations offer sensor-based sorting equipment and digital solutions for separating materials such as plastics, metals, paper, and other recyclable products.
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