TeamViewer SE (OTCMKTS:TMVWY – Get Free Report) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 619 shares, a drop of 59.2% from the June 30th total of 1,519 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,256 shares, the days-to-cover ratio is presently 0.5 days.
Wall Street Analyst Weigh In
Separately, Zacks Research raised TeamViewer to a “hold” rating in a research report on Thursday, July 2nd. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Read Our Latest Analysis on TeamViewer
TeamViewer Stock Performance
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.
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