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

TomTom (OTCMKTS:TMOAY) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, a decline of 96.5% from the January 31st total of 5,700 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 0.2 days.

TomTom Stock Performance

Shares of OTCMKTS:TMOAY remained flat at $2.33 during midday trading on Thursday. TomTom has a 1 year low of $2.03 and a 1 year high of $4.01. The stock has a 50 day simple moving average of $2.60 and a 200 day simple moving average of $2.68.

TomTom Company Profile

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.