Short Interest in TomTom (OTCMKTS:TMOAY) Increases By 7,316.7%

TomTom (OTCMKTS:TMOAY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 44,500 shares, an increase 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 currently 1.4 days.

TomTom Price Performance

Shares of OTCMKTS TMOAY remained flat at $2.97 during mid-day trading on Monday. The company has a 50 day simple moving average of $2.76 and a 200 day simple moving average of $2.71. TomTom has a 1-year low of $2.48 and a 1-year high of $4.12.

TomTom Company Profile

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.