Intrum AB (publ) (OTCMKTS:ITJTY) Short Interest Down 22.6% in January

Intrum AB (publ) (OTCMKTS:ITJTY) saw 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 volume of 239 shares, the short-interest ratio is currently 4.3 days. Based on an average daily volume of 239 shares, the short-interest ratio is currently 4.3 days.

Intrum AB (publ) Price Performance

OTCMKTS ITJTY remained flat at $5.75 during trading on Friday. The firm’s fifty day simple moving average is $4.46 and its two-hundred day simple moving average is $5.02. 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.