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

TeamViewer SE (OTCMKTS:TMVWY) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 90 shares, an increase of ? from the May 14th total of 0 shares. Based on an average daily volume of 828 shares, the short-interest ratio is currently 0.1 days.

TeamViewer Price Performance

OTCMKTS:TMVWY opened at $3.06 on Friday. The firm has a 50-day moving average of $3.03 and a two-hundred day moving average of $3.05. TeamViewer has a 1-year low of $2.40 and a 1-year high of $5.88.

Analyst Ratings Changes

Separately, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of TeamViewer in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, TeamViewer presently has a consensus rating of “Hold”.

About TeamViewer

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.