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

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

Taboola.com Stock Performance

NASDAQ TBLAW traded up $0.03 on Friday, hitting $0.39. 13,228 shares of the company’s stock traded hands, compared to its average volume of 16,958. The firm’s 50-day moving average price is $0.23 and its two-hundred day moving average price is $0.16. Taboola.com has a 1-year low of $0.07 and a 1-year 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.