Taboola.com Ltd. (NASDAQ:TBLAW) Short Interest Down 61.2% in September

Taboola.com Ltd. (NASDAQ:TBLAW) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totalling 7,600 shares, a drop of 61.2% from the August 31st total of 19,600 shares. Based on an average daily volume of 10,700 shares, the days-to-cover ratio is currently 0.7 days.

Taboola.com Price Performance

NASDAQ TBLAW traded down $0.00 during mid-day trading on Wednesday, reaching $0.09. 416 shares of the company’s stock traded hands, compared to its average volume of 9,825. Taboola.com has a 1-year low of $0.07 and a 1-year high of $0.67. The company has a fifty day simple moving average of $0.12 and a 200-day simple moving average of $0.22.

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.