TeamViewer SE (OTCMKTS:TMVWY) Short Interest Update

TeamViewer SE (OTCMKTS:TMVWY) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 619 shares, a decline of 59.2% from the June 30th total of 1,519 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,256 shares, the days-to-cover ratio is presently 0.5 days.

TeamViewer Stock Performance

Shares of TMVWY stock opened at $3.11 on Monday. The firm’s fifty day moving average price is $3.15 and its two-hundred day moving average price is $2.98. TeamViewer has a 1 year low of $2.40 and a 1 year high of $5.82.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded TeamViewer to a “hold” rating in a report on Thursday, July 2nd. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

About TeamViewer

TeamViewer AG operates a global remote connectivity platform that enables secure access, support, control and collaboration across devices and locations. Its cloud-based software solutions allow businesses and individuals to remotely troubleshoot IT issues, manage devices, conduct online meetings and share files in real time. The platform’s modular architecture supports integrations with leading IT service management tools and provides an open API for custom workflows, making it a versatile choice for digital service delivery.

Founded in 2005 and headquartered in Göppingen, Germany, TeamViewer has expanded its footprint to serve customers in more than 180 countries.