Short Interest in TomTom (OTCMKTS:TMOAY) Expands By 4,300.0%

TomTom (OTCMKTS:TMOAY) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,400 shares, an increase of 4,300.0% from the October 15th total of 100 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 7.3 days.

TomTom Stock Performance

TMOAY stock remained flat at $2.76 during trading on Thursday. TomTom has a 12-month low of $2.50 and a 12-month high of $4.12. The business has a fifty day moving average of $2.74 and a 200-day moving average of $2.81.

About TomTom

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.