Shorts Action: What’s Next for TOMTOM NV AMSTERDAM (OTCMKTS:TMOAF) After Having Less Shares Shorted?

November 17, 2016 - By Nellie Frank   ·   0 Comments

Shorts Action: What's Next for TOMTOM NV AMSTERDAM (OTCMKTS:TMOAF) After Having Less Shares Shorted?

The stock of TOMTOM NV AMSTERDAM (OTCMKTS:TMOAF) registered a decrease of 2.46% in short interest. TMOAF’s total short interest was 646,800 shares in November as published by FINRA. Its down 2.46% from 663,100 shares, reported previously. With 100 shares average volume, it will take short sellers 6468 days to cover their TMOAF’s short positions. About 1,500 shares traded hands or 742.70% up from the average. TomTom NV (OTCMKTS:TMOAF) has declined 18.92% since April 15, 2016 and is downtrending. It has underperformed by 23.54% the S&P500.

TomTom NV is a supplier of navigation systems, fleet management solutions and other related products that is based in the Netherlands. The company has a market cap of $1.84 billion. It operates through four divisions: Consumer, Automotive, Licensing and Telematics. It currently has negative earnings. The Customer segment focuses on the development and production of navigation systems.

More notable recent TomTom NV (OTCMKTS:TMOAF) news were published by: Bloomberg.com which released: “TomTom Said to Weigh Options Including Sale Amid Nokia Deal” on August 03, 2015, also Wsj.com with their article: “Uber Strikes Digital Maps Deal With TomTom” published on November 12, 2015, Seekingalpha.com published: “TomTom: Declining PND Market Doesn’t Change Outlook” on October 26, 2016. More interesting news about TomTom NV (OTCMKTS:TMOAF) were released by: Bloomberg.com and their article: “TomTom Rises to Six-Year High on Uber Global Supply Contract” published on November 12, 2015 as well as Seekingalpha.com‘s news article titled: “TomTom: Smells Like Value” with publication date: March 27, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Nellie Frank


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>