Tomra Systems ASA (OTCMKTS:TMRAY – Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 8,134 shares, a drop of 39.3% from the September 15th total of 13,406 shares. Based on an average daily volume of 32,839 shares, the short-interest ratio is presently 0.2 days.
Tomra Systems ASA Stock Down 1.4%
OTCMKTS:TMRAY opened at $9.46 on Friday. Tomra Systems ASA has a 12 month low of $9.08 and a 12 month high of $14.18. The firm’s 50 day moving average is $10.55 and its 200 day moving average is $10.67.
Tomra Systems ASA Company Profile
Tomra Systems ASA is a Norway-based technology company that develops solutions for resource recovery and the circular economy. Its businesses focus on collection, sorting, and processing technologies designed to help recover valuable materials, reduce waste, and improve the efficiency of resource use.
The company’s TOMRA Collection business provides reverse-vending machines and related systems for collecting used beverage containers. Its TOMRA Recycling operations offer sensor-based sorting equipment and digital solutions for separating materials such as plastics, metals, paper, and other recyclable products.
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