Short Interest in TomTom (OTCMKTS:TMOAY) Rises By 729,900.0%

TomTom (OTCMKTS:TMOAY) was the target of a significant increase in short interest in the month of 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 daily trading volume, of 3,276 shares, the short-interest ratio is currently 2.2 days.

TomTom Stock Performance

Shares of TMOAY remained flat at $2.66 during trading hours on Friday. The stock had a trading volume of 1,000 shares, compared to its average volume of 8,722. The company’s 50-day moving average is $2.69 and its 200 day moving average is $2.91. TomTom has a 1 year low of $2.43 and a 1 year high of $3.88.

TomTom Company Profile

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.