TeamViewer SE (OTCMKTS:TMVWY) Sees Large Drop in Short Interest

TeamViewer SE (OTCMKTS:TMVWY) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 500 shares, a drop of 90.4% from the January 31st total of 5,200 shares. Based on an average daily volume of 8,800 shares, the short-interest ratio is presently 0.1 days.

TeamViewer Price Performance

Shares of TeamViewer stock opened at $6.40 on Friday. The firm has a 50 day simple moving average of $5.64 and a 200 day simple moving average of $6.13. 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.