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

Taboola.com Ltd. (NASDAQ:TBLAW) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 11,100 shares, a growth of 56.3% from the May 31st total of 7,100 shares. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is currently 2.4 days.

Taboola.com Stock Down 11.8 %

Shares of Taboola.com stock traded down $0.02 during trading on Friday, hitting $0.15. The company’s stock had a trading volume of 2,717 shares, compared to its average volume of 8,112. The company has a fifty day simple moving average of $0.27 and a two-hundred day simple moving average of $0.36. Taboola.com has a 52 week low of $0.14 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.