Short Interest in TomTom (OTCMKTS:TMOAY) Decreases By 100.0%

TomTom (OTCMKTS:TMOAYGet Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 1 shares, a decline of 100.0% from the April 30th total of 3,601 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

TomTom Stock Performance

Shares of TMOAY opened at $2.70 on Friday. The business has a fifty day moving average of $2.66 and a 200 day moving average of $2.98. TomTom has a 52-week low of $2.43 and a 52-week high of $3.88.

About TomTom

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TomTom N.V. (OTCMKTS:TMOAY) is a Dutch multinational specializing in location technology and mapping products. The company develops and licenses digital maps, real-time traffic information, and navigational services for automotive, enterprise and consumer markets. Its offerings span embedded in-car navigation systems, telematics solutions for fleet management, location-based services through APIs and mobile SDKs, as well as standalone GPS devices and wearable sports watches.

Since its founding in 1991 by entrepreneurs Peter-Frans Pauwels, Pieter Geelen, Harold Goddijn and Corinne Vigreux, TomTom has grown from a GPS device manufacturer into a global provider of map content and services.

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