TomTom (OTCMKTS:TMOAY) Short Interest Up 7,316.7% in December

TomTom (OTCMKTS:TMOAYGet Free Report) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 44,500 shares, a growth of 7,316.7% from the December 15th total of 600 shares. Based on an average daily volume of 32,700 shares, the days-to-cover ratio is presently 1.4 days.

TomTom Price Performance

Shares of TMOAY stock opened at $2.97 on Tuesday. TomTom has a 52 week low of $2.48 and a 52 week high of $4.12. The firm has a 50 day moving average of $2.76 and a 200-day moving average of $2.71.

About TomTom

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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.

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