After Reaching Milestone, Is TOBII TECHNOLOGY AB ORDINARY SHARES SWE (OTCMKTS:TBIIF)’s Short Interest Revealing Something?

September 30, 2018 - By Billy Entrekin

Tobii AB (OTCMKTS:publ) Logo

The stock of TOBII TECHNOLOGY AB ORDINARY SHARES SWE (OTCMKTS:TBIIF) registered a decrease of 3.11% in short interest. TBIIF’s total short interest was 93,600 shares in September as published by FINRA. Its down 3.11% from 96,600 shares, reported previously. With 100 shares average volume, it will take short sellers 936 days to cover their TBIIF’s short positions.

It closed at $5.1 lastly. It is down 0.00% since September 30, 2017 and is . It has underperformed by 15.62% the S&P500.

Tobii AB develops and sells eye-tracking technology and solutions worldwide. The company has market cap of $465.18 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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