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

Taboola.com Ltd. (NASDAQ:TBLAW) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 19,600 shares, an increase of 24.1% from the August 15th total of 15,800 shares. Based on an average daily trading volume, of 9,900 shares, the days-to-cover ratio is presently 2.0 days.

Taboola.com Stock Performance

NASDAQ TBLAW traded up $0.00 on Monday, reaching $0.10. 2,780 shares of the company were exchanged, compared to its average volume of 10,200. Taboola.com has a fifty-two week low of $0.08 and a fifty-two week high of $0.67. The business’s fifty day moving average price is $0.12 and its 200 day moving average price is $0.24.

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.