TomTom (OTCMKTS:TMOAY – Get Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 3,601 shares, a drop of 87.9% from the April 15th total of 29,738 shares. Based on an average trading volume of 2,128 shares, the short-interest ratio is presently 1.7 days.
TomTom Price Performance
Shares of TomTom stock remained flat at $2.70 during trading on Wednesday. The stock has a 50-day moving average price of $2.70 and a 200-day moving average price of $3.01. TomTom has a 12 month low of $2.43 and a 12 month high of $3.88.
About TomTom
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.
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