Short Interest in Taboola.com Ltd. (NASDAQ:TBLAW) Declines By 55.1%

Taboola.com Ltd. (NASDAQ:TBLAW) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 10,600 shares, a drop of 55.1% from the December 15th total of 23,600 shares. Based on an average daily volume of 32,000 shares, the days-to-cover ratio is currently 0.3 days.

Taboola.com Trading Up 6.1 %

NASDAQ TBLAW opened at $0.35 on Tuesday. The business’s fifty day simple moving average is $0.27 and its 200-day simple moving average is $0.17. Taboola.com has a 52 week low of $0.07 and a 52 week high of $0.67.

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.