Tomra Systems ASA (OTCMKTS:TMRAY) Sees Large Decline in Short Interest

Tomra Systems ASA (OTCMKTS:TMRAY) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 500 shares, a decline of 80.0% from the October 15th total of 2,500 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 0.1 days.

Tomra Systems ASA Stock Performance

TMRAY traded down $0.10 on Wednesday, reaching $13.40. The company had a trading volume of 3,841 shares, compared to its average volume of 1,997. Tomra Systems ASA has a one year low of $8.58 and a one year high of $16.75. The company has a fifty day moving average of $14.34 and a 200-day moving average of $13.87.

About Tomra Systems ASA

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems.