TomTom (OTCMKTS:TMOAY – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 7,300 shares, an increase of 729,900.0% from the June 15th total of 1 shares. Based on an average trading volume of 3,276 shares, the days-to-cover ratio is presently 2.2 days.
TomTom Stock Performance
Shares of TMOAY remained flat at $2.66 during mid-day trading on Friday. TomTom has a 1 year low of $2.43 and a 1 year high of $3.88. The business’s 50-day moving average price is $2.69 and its two-hundred day moving average price is $2.91.
About TomTom
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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