TomTom (OTCMKTS:TMOAY) Shares Shorted: Short Interest Down 39.3% in October

TomTom (OTCMKTS:TMOAY – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,818 shares, a decrease of 39.3% from the September 30th total of 2,993 shares. Based on an average daily trading volume, of 1,947 shares, the days-to-cover ratio is currently 0.9 days.

TomTom Price Performance

Shares of OTCMKTS TMOAY opened at $2.05 on Monday. The firm has a fifty day moving average of $2.18 and a 200-day moving average of $2.62. TomTom has a 52-week low of $1.87 and a 52-week high of $3.88.

About TomTom

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TomTom N.V. is a Netherlands-based technology company that provides digital maps, location data and navigation products. Its offerings support drivers, automakers, businesses and developers with mapping, routing, traffic information, navigation and location-based services.

The company serves the automotive, enterprise and consumer markets. Its products include embedded navigation and connected-car services for automakers, map and traffic data, software development tools, and application programming interfaces that enable developers to integrate mapping, search, routing and location capabilities into their applications.

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