What’s TOBII TECHNOLOGY AB ORDINARY SHARES SWE (OTCMKTS:TBIIF) Upside After This Short Interest Decrease?

April 16, 2018 - By Nellie Frank

Tobii AB (OTCMKTS:publ) Logo

The stock of TOBII TECHNOLOGY AB ORDINARY SHARES SWE (OTCMKTS:TBIIF) registered a decrease of 59.39% in short interest. TBIIF’s total short interest was 124,800 shares in April as published by FINRA. Its down 59.39% from 307,300 shares, reported previously. With 1,300 shares average volume, it will take short sellers 96 days to cover their TBIIF’s short positions. The short interest to TOBII TECHNOLOGY AB ORDINARY SHARES SWE’s float is 0.15%.

It closed at $3.9 lastly. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Tobii AB develops and sells eye-tracking technology and solutions worldwide. The company has market cap of $381.87 million. It operates through three divisions: Tobii Dynavox, Tobii Pro, and Tobii Tech. It currently has negative earnings. The Tobii Dynavox segment offers augmentative and alternative communication solutions, such as eye-controlled products and computer peripherals for individuals who have speech impairments and motor impairments; and touch devices and special education software that help people with mobility or communication challenges caused by spinal cord injury, ALS, or cerebral palsy to communicate and access computers.

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