Short Interest in TomTom (OTCMKTS:TMOAY) Increases By 5,000.0%

TomTom (OTCMKTS:TMOAYGet Rating) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 10,200 shares, an increase of 5,000.0% from the May 15th total of 200 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is presently 1.6 days.

OTCMKTS:TMOAY remained flat at $$4.21 on Friday. The stock’s fifty day moving average is $4.15 and its 200-day moving average is $4.39. TomTom has a one year low of $3.53 and a one year high of $5.40.

About TomTom (Get Rating)

TomTom NV is engaged in the developing of location technology including maps, navigation software, real-time traffic information, and other services. It operates through the following segments: Location Technology and Consumer. The Location Technology segment is involved in the developing and selling of location based application components, such as maps, services and navigation software to customers in different market segments.

Read More

Want More Great Investing Ideas?

Receive News & Ratings for TomTom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TomTom and related companies with MarketBeat.com's FREE daily email newsletter.