Taboola.com Ltd. (NASDAQ:TBLAW – Get Free Report) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,102 shares, a drop of 47.2% from the April 30th total of 3,984 shares. Based on an average daily volume of 29,696 shares, the short-interest ratio is currently 0.1 days.
Taboola.com Stock Performance
Shares of NASDAQ:TBLAW remained flat at $0.01 on Monday. 20,000 shares of the stock traded hands, compared to its average volume of 23,547. The firm’s 50 day moving average price is $0.01 and its 200 day moving average price is $0.04. Taboola.com has a one year low of $0.00 and a one year high of $0.24.
Taboola.com Company Profile
Taboola.com (NASDAQ:TBLAW) operates a leading content discovery and native advertising platform designed to drive user engagement and monetization for digital publishers and advertisers. The company’s core offering centers on a recommendation engine that analyzes user behavior and content attributes to serve personalized links to articles, videos and other digital media. By placing sponsored and editorial suggestions in prominent placements on publisher sites and apps, Taboola helps media companies increase pageviews and advertising yield while providing brands with targeted exposure to relevant audiences.
Among Taboola’s product suite are its flagship content recommendation widgets, in-feed experiences such as Taboola Feed, video ad formats and programmatic solutions.
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