Intrum AB (publ) (OTCMKTS:ITJTY) Short Interest Down 22.6% in January
by Renee Jackson · The Cerbat GemIntrum AB (publ) (OTCMKTS:ITJTY – Get Free Report) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 1,019 shares, a drop of 22.6% from the December 31st total of 1,317 shares. Based on an average daily trading volume, of 239 shares, the short-interest ratio is presently 4.3 days. Based on an average daily trading volume, of 239 shares, the short-interest ratio is presently 4.3 days.
Intrum AB (publ) Price Performance
Shares of ITJTY stock traded down $0.25 during trading hours on Monday, reaching $5.50. 900 shares of the company’s stock were exchanged, compared to its average volume of 550. The stock’s fifty day moving average price is $4.46 and its two-hundred day moving average price is $5.00. Intrum AB has a 1 year low of $2.50 and a 1 year high of $7.56.
About Intrum AB (publ)
Intrum AB (publ) is a leading European provider of credit management services, helping companies and consumers make sound credit decisions and manage outstanding receivables. The company’s core offerings include debt collection, outsourcing of credit management processes, receivables purchase, credit information and scoring, as well as consultancy on credit risk. Through these services, Intrum assists clients in optimizing cash flow, reducing credit losses and maintaining healthy customer relationships.
Founded through the merger of Intrum Justitia and Lindorff in 2017, Intrum has grown into a pan-European organisation with operations in more than 20 markets.