Short Interest in Taboola.com Ltd. (NASDAQ:TBLAW) Increases By 1,375.0%

Taboola.com Ltd. (NASDAQ:TBLAW) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 23,600 shares, an increase of 1,375.0% from the November 30th total of 1,600 shares. Based on an average daily volume of 31,100 shares, the short-interest ratio is presently 0.8 days.

Taboola.com Stock Performance

Shares of TBLAW traded up $0.03 during trading hours on Friday, hitting $0.39. 6,828 shares of the company were exchanged, compared to its average volume of 16,927. The firm’s 50 day moving average is $0.22 and its 200-day moving average is $0.16. Taboola.com has a 52 week low of $0.07 and a 52 week high of $0.67.

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.