Short Interest in Taboola.com Ltd. (NASDAQ:TBLAW) Declines By 55.1%

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

Taboola.com Price Performance

Shares of TBLAW remained flat at $0.33 on Wednesday. 3,129 shares of the company were exchanged, compared to its average volume of 13,619. The stock’s 50 day simple moving average is $0.31 and its 200 day simple moving average is $0.19. Taboola.com has a twelve month low of $0.07 and a twelve month high of $0.67.

Taboola.com Company Profile

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.