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

TomTom (OTCMKTS:TMOAY – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 2,993 shares. Based on an average daily volume of 915 shares, the short-interest ratio is currently 3.3 days.

TomTom Stock Performance

Shares of TMOAY stock opened at $2.19 on Thursday. The stock has a 50 day simple moving average of $2.22 and a two-hundred day simple moving average of $2.46. TomTom has a fifty-two week low of $1.87 and a fifty-two week high of $3.88.

About TomTom

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TomTom is a Netherlands-based location technology company that develops digital maps, navigation software and related data services. Its products are designed to help people, businesses and organizations understand and use location information for navigation, routing and other mobility applications.

The company provides map content, real-time traffic information, route-planning tools, software development kits and application programming interfaces. Its technologies serve automotive manufacturers and mobility companies, as well as businesses that require mapping, logistics, fleet-management and location-based services.

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