Short Interest in TomTom (OTCMKTS:TMOAY) Drops By 36.8%

TomTom (OTCMKTS:TMOAY) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 1,200 shares, a decrease of 36.8% from the June 30th total of 1,900 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 1.3 days.

TomTom Price Performance

TMOAY stock opened at $2.67 on Friday. TomTom has a 12-month low of $2.51 and a 12-month high of $4.30. The stock’s 50 day simple moving average is $2.95 and its 200 day simple moving average is $3.38.

About TomTom

TomTom NV is engaged in the developing of location technology including maps, navigation software, real-time traffic information, and other services. It operates through the following segments: Location Technology and Consumer. The Location Technology segment is involved in the developing and selling of location based application components, such as maps, services and navigation software to customers in different market segments.