TeamViewer SE (OTCMKTS:TMVWY) Sees Significant Growth in Short Interest

TeamViewer SE (OTCMKTS:TMVWY) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 2,400 shares, a growth of 1,100.0% from the December 31st total of 200 shares. Based on an average daily trading volume, of 15,200 shares, the days-to-cover ratio is currently 0.2 days.

TeamViewer Stock Performance

Shares of TMVWY traded up $0.03 during mid-day trading on Tuesday, hitting $5.87. The company’s stock had a trading volume of 2,800 shares, compared to its average volume of 3,740. The firm has a 50-day moving average price of $5.49 and a 200 day moving average price of $6.12. TeamViewer has a fifty-two week low of $4.73 and a fifty-two week high of $8.00.

About TeamViewer

TeamViewer SE, together with its subsidiaries, develops and distributes remote connectivity solutions worldwide. The company offers TeamViewer remote, a remote access, remote control, and remote support solution; TeamViewer Tensor, an enterprise cloud-based remote connectivity solution for scale, productivity, and security; TeamViewer Frontline, an enterprise augmented reality solution productivity platform; endpoint security for remote devices; TeamViewer Remote Management that manages, monitors, tracks, patches, and protects computers, devices, and software from a single platform; TeamViewer Mobile Device Management, which enables the onboarding, roll-out, management, and troubleshooting of mobile devices; and Tensor Embedded for after-sales support of connected equipment.