Short Interest in TomTom (OTCMKTS:TMOAF) Declines By 58.9%

TomTom (OTCMKTS:TMOAF) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 126,800 shares, a decrease of 58.9% from the June 15th total of 308,611 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

TomTom Price Performance

TomTom stock opened at $7.24 on Wednesday. TomTom has a 1-year low of $4.09 and a 1-year high of $7.90. The firm’s fifty day moving average price is $7.24 and its two-hundred day moving average price is $7.23.

TomTom (OTCMKTS:TMOAF) last issued its quarterly earnings data on Thursday, April 16th. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $151.14 million for the quarter.

TomTom Company Profile

TomTom NV is a Netherlands-based technology company specializing in navigation, mapping and location-based services for consumer, automotive and enterprise customers. The company’s core offerings include digital map content, real-time traffic information and software solutions for advanced driver assistance systems (ADAS), telematics and fleet management. TomTom’s consumer division also produces portable GPS devices, sports watches and mobile applications, catering to individual users seeking personal navigation solutions.

Founded in 1991 by Peter-Frans Pauwels, Pieter Geelen, Harold Goddijn and Corinne Vigreux, TomTom introduced its first consumer navigation device in 2004 and expanded its footprint through the acquisition of map provider Tele Atlas in 2008.