TeamViewer SE (OTCMKTS:TMVWY) Sees Large Increase in Short Interest

TeamViewer SE (OTCMKTS:TMVWY) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 1,519 shares, a growth of ∞ from the June 15th total of 0 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 815 shares, the short-interest ratio is currently 1.9 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of TeamViewer to a “hold” rating in a research report on Thursday, July 2nd. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

TeamViewer Price Performance

TeamViewer stock opened at $3.04 on Friday. The firm has a 50 day simple moving average of $3.15 and a 200-day simple moving average of $3.00. TeamViewer has a 1-year low of $2.40 and a 1-year high of $5.82.

TeamViewer Company Profile

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.