TeamViewer SE (OTCMKTS:TMVWY) Short Interest Up ∞ in June

TeamViewer SE (OTCMKTS:TMVWY) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 1,519 shares, a growth of ∞ from the June 15th total of 0 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 815 shares, the days-to-cover ratio is currently 1.9 days.

TeamViewer Price Performance

Shares of OTCMKTS TMVWY opened at $3.04 on Thursday. The company has a fifty day moving average price of $3.16 and a 200 day moving average price of $3.00. TeamViewer has a 1-year low of $2.40 and a 1-year high of $5.82.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of TeamViewer to a “hold” rating in a report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

TeamViewer Company Profile

TeamViewer AG operates a global remote connectivity platform that enables secure access, support, control and collaboration across devices and locations. Its cloud-based software solutions allow businesses and individuals to remotely troubleshoot IT issues, manage devices, conduct online meetings and share files in real time. The platform’s modular architecture supports integrations with leading IT service management tools and provides an open API for custom workflows, making it a versatile choice for digital service delivery.

Founded in 2005 and headquartered in Göppingen, Germany, TeamViewer has expanded its footprint to serve customers in more than 180 countries.