Short Interest in TeamViewer SE (OTCMKTS:TMVWY) Expands By ∞
by Doug Wharley · The Cerbat GemTeamViewer SE (OTCMKTS:TMVWY – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,519 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 815 shares, the short-interest ratio is currently 1.9 days. Currently, 0.0% of the shares of the company are short sold.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of TeamViewer to a “hold” rating in a research report on Thursday, July 2nd. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.
Check Out Our Latest Analysis on TeamViewer
TeamViewer Stock Performance
TeamViewer stock opened at $3.04 on Thursday. The stock has a 50-day moving average price of $3.16 and a two-hundred day moving average price of $3.00. TeamViewer has a 12 month low of $2.40 and a 12 month high of $5.82.
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.