Short Interest in Taboola.com Ltd. (NASDAQ:TBLAW) Drops By 41.5%

Taboola.com Ltd. (NASDAQ:TBLAW) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 3,100 shares, a decline of 41.5% from the October 31st total of 5,300 shares. Based on an average daily volume of 16,300 shares, the short-interest ratio is currently 0.2 days.

Taboola.com Stock Performance

Shares of TBLAW traded down $0.01 on Thursday, reaching $0.18. The company’s stock had a trading volume of 26,505 shares, compared to its average volume of 12,481. Taboola.com has a 12-month low of $0.07 and a 12-month high of $0.67. The stock’s 50 day simple moving average is $0.13 and its two-hundred day simple moving average is $0.16.

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.