Tomtom NV Unsponsored (OTCMKTS:TMOAY) Sees Large Increase in Short Interest

Tomtom NV Unsponsored (OTCMKTS:TMOAY) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 300 shares, a growth of 50.0% from the August 15th total of 200 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is currently 0.1 days.

OTCMKTS TMOAY opened at $4.06 on Wednesday. The stock’s fifty day moving average is $4.13 and its two-hundred day moving average is $4.09. Tomtom has a fifty-two week low of $3.19 and a fifty-two week high of $6.00.

About Tomtom

TomTom N.V. develops and sells navigation and location-based products and services worldwide. It operates through three segments: Automotive, Enterprise, and Consumer. The company offers standard definition, advanced driver assistance system (ADAS), and high definition maps; map application programming interfaces and software development kits; navigation software; and traffic online services to automotive customers, including original equipment manufacturers and tier 1 head unit vendors, as well as application developers, Internet of Things experts, fleet and logistic management providers, governments, and cloud service providers.

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