Taboola.com Ltd. (NASDAQ:TBLAW) Sees Large Decline in Short Interest

Taboola.com Ltd. (NASDAQ:TBLAW) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 10,600 shares, a decline of 55.1% from the December 15th total of 23,600 shares. Based on an average trading volume of 32,000 shares, the short-interest ratio is currently 0.3 days.

Taboola.com Price Performance

TBLAW traded down $0.05 during midday trading on Thursday, reaching $0.30. The company’s stock had a trading volume of 27,633 shares, compared to its average volume of 12,037. Taboola.com has a 1 year low of $0.07 and a 1 year high of $0.67. The stock’s 50-day moving average is $0.28 and its 200-day moving average is $0.18.

About Taboola.com

Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users.