TeamViewer SE (OTCMKTS:TMVWY) Short Interest Update

TeamViewer SE (OTCMKTS:TMVWY) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 918 shares, a growth of 48.3% from the August 31st total of 619 shares. Based on an average daily volume of 77 shares, the short-interest ratio is presently 11.9 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of TeamViewer in a report on Wednesday, July 29th. Zacks Research raised TeamViewer to a “hold” rating in a research report on Thursday, July 2nd. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, TeamViewer currently has an average rating of “Hold”.

TeamViewer Trading Up 12.9%

TMVWY opened at $3.84 on Friday. TeamViewer has a 52-week low of $2.40 and a 52-week high of $5.17. The company has a 50 day moving average of $3.68 and a two-hundred day moving average of $3.20.

About TeamViewer

TeamViewer SE is a Germany-based technology company that develops connectivity and remote-access solutions for businesses and consumers. Its software enables users to remotely access and control computers, mobile devices and other connected equipment, supporting remote IT assistance, troubleshooting, collaboration and device management.

The company’s offerings include TeamViewer Remote for secure remote connectivity and support, TeamViewer Tensor for enterprise environments, and solutions for remote monitoring and management, augmented-reality-assisted workflows and digital employee experience management.